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Venezuela The Political Economy of Oil

Venezuela The Political Economy of Oil

Author: 


ISBN-13: 

9780197300121


ISBN: 

019730012X


Pub Date: 
Publisher:  Oxford Institute for Energy Studies
Summary: The first book in a new series on oil exporting countries, Venezuela: the Political Economy of Oil is indispensable for all observers of the world oil market. As the founding member of OPEC, Venezuela continues to hold a central position in the world petroleum market. Its national oil company, PdVSA, the third largest oil company in the world, is pursuing a revolutionary policy of external acquisitions in developed c...ountries. At the same time, there are early signs of a shift in its attitudes towards allowing foreign investment. This study provides a comprehensive and masterly analysis of the Venezuelan oil industry within the context of the political economy of the country. In particular, Boue considers the potential reserves of the Orinco Oil Basin, the environmental challenges facing Venezuela's oil industry, and the uncertain future of orimulsion, a possibly revolutionary new fuel. In light of two attempted military coups in 1992, this study assesses the prospects for the Venezuelan oil industry in the near and longer-term future. [read more]

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Product Details

ISBN-13: 9780197300121


ISBN: 019730012X


Pub Date:
Publisher: Oxford Institute for Energy Studies
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