Report summaryFor the oil and gas sector, regulatory volatility, heavy state presence and onerous fiscal terms have stifled foreign investment. The government has made development of the Orinoco Belt a priority, but progress remains slow. These extra heavy oil projects will require significant foreign capital outlays, and Venezuela will have to assure companies that the risk landscape will improve. In the near term, more volatility is likely as the government attempts to unwind multiple economic distortions.
This report includes 2 file(s)
- Venezuela risk profile PDF - 1.17 MB 22 Pages, 3 Tables, 8 Figures
- Research methodology country and asset risk.pdf PDF - 251.22 KB