Venezuela Highlights its Strengths as a Reliable Energy Provider at the LNG Ministerial Summit

Venezuela's energy ministers attended the Liquefied Natural Gas Ministerial Summit, where they ratified Venezuela's commitment to continue being reliable and safe provider energy, and a top LNG player in the region.

Caracas, Venezuela. Dec 31 (Venezuelanalysis.com).- Venezuela ratified its commitment as a reliable and safe provider of oil and Natural Gas to the United States, during the Liquefied Natural Gas Ministerial (LNG) Summit, celebrated last December 17 and 18 in Washington, DC.

24 energy ministers attended the summit, along with LNG ship owners and builders, terminal owners, LNG facilities construction companies, pipeline owners, LNG buyers and contract holders, and marine and terminal facilities safety and security experts.

24 energy ministers attended the Liquefied Natural Gas (LNG) Ministerial Summit in Washington DC.

Attending the invitation of U.S. Secretary of Energy Spencer Abraham, the Venezuelan delegation was headed by the Minister of Energy and Mines Rafael Ramirez, Vice-Minister of Hydrocarbons Luis Vierma, and Venezuela’s Ambassador to the United States Bernardo Alvarez.

Minister Ramirez, ratified Venezuela’s commitment to continue being a reliable and safe provider of energy for the United States, and presented Venezuela’s vision to become the most important player in the LNG market in the Americas.

Vice-Minister of Hydrocarbons Luis Vierma presented an overview of the different LNG projects that Venezuela’s oil giant PDVSA is currently pursuing, such as the Mariscal Sucre Project, along with Shell and Mitsubishi, and the Deltana Platform Project with ChevronTexaco, ConocoPhillips, and Statoil.

Vice-Minister of Hydrocarbons Luis Vierma during his presentation.

Vierma highlighted the potential that Venezuela has to offer for lucrative foreign investment in these and other LNG projects.

Minister Ramirez held private meetings with several Energy Ministers from Qatar, Mexico, Bolivia and Trinidad Tobago, during which bilateral cooperation agreements were discussed.

Also attending representing Venezuela were Joseph Alonso, Manuel Gonzalez and Domingo Rodriguez Polanco, who are in charge of PDVSA’s LNG projects, as well as Fadi Kabboul, Energy Affairs Advisor at the Embassy of Venezuela in the United States.