tag:blogger.com,1999:blog-8125355648059480100.post7096988537112062923..comments2024-03-27T02:18:35.808-07:00Comments on LAS ARMAS DE CORONEL: PDVSA: Approaching the unthinkable/ Llegando a lo inimaginado Gustavo Coronelhttp://www.blogger.com/profile/00048121984705082839noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-8125355648059480100.post-70556257808788401812014-03-16T16:07:56.115-07:002014-03-16T16:07:56.115-07:00The faja oil production system is complex. To opti...The faja oil production system is complex. To optimize it one needs to understand their pipeline and light to medium oil production rates and how they will decline in the future. I worked on this problem a few years ago, and I realized PDVSA didn't have any idea of what they had to do to solve it. Not even at the highest levels, nor did companies such as the Russians, ENI and Repsol seem to understand the mess they were headed into. <br /><br />In conclusion, not only do they have a diluent problem, they seem to lack efficient means to deliver an effective diluent stream to the central plants in the Faja. Those giant oil reserves are not likely to produce more than token quantities of oil. And Venezuela's Faja oil basket is going to have a lot of low quality dumbbell crude with little market value. Fernando Leanmehttps://www.blogger.com/profile/16085680730729620836noreply@blogger.comtag:blogger.com,1999:blog-8125355648059480100.post-37997798113040090712014-03-15T14:09:20.176-07:002014-03-15T14:09:20.176-07:00Thank you.
"Más claro no canta un gallo"...Thank you.<br />"Más claro no canta un gallo"<br />xpAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8125355648059480100.post-63169204100513466002014-03-14T22:07:04.145-07:002014-03-14T22:07:04.145-07:00Entonces el dinero que le presta China al gobierno...Entonces el dinero que le presta China al gobierno es como para que no se le tranque el serrucho del todo? <br /><br />Its about time for the opposition to have a direct conversation with the commercial aggregates of China and tell them that if they have a hope to collect...at least some of the debt, they should stop financing the government. Besides, who knows what they are liquidating to get quick cash! <br /><br /><br />. Andjustice4allnoreply@blogger.comtag:blogger.com,1999:blog-8125355648059480100.post-5960176335790826662014-03-14T13:54:54.847-07:002014-03-14T13:54:54.847-07:00Hay que ir a otras formas de resistencia no violen...Hay que ir a otras formas de resistencia no violenta. En <br />época de declaración de impuestos, pues a no pagar impuestos. Ni un centavo más para Cuba. ¡El sistema se hunde, haz peso! (ironías de la vida, esto fue un graffiti de Mayo 68 Francia, copiado acá en Caracas por los hippies-patoteros del Este de Caracas)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8125355648059480100.post-55025162827186775892014-03-14T13:50:00.876-07:002014-03-14T13:50:00.876-07:00There is a saying in Cuba that goes roughly "...There is a saying in Cuba that goes roughly "the revolution will be complete when Cuba imports sugar." Time to update the saying for Venezuela. RLEEhttps://www.blogger.com/profile/04825555024937741161noreply@blogger.comtag:blogger.com,1999:blog-8125355648059480100.post-69030522925616959352014-03-14T13:37:11.197-07:002014-03-14T13:37:11.197-07:00Cuba used to be a major exporter of sugar but for ...Cuba used to be a major exporter of sugar but for many years they have had to import it now, if they can find someone stupid enough to give them credit. Venezuela is headed towards a 100% import economy if the chavistas don't fall. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8125355648059480100.post-61191438526854956312014-03-14T13:27:41.830-07:002014-03-14T13:27:41.830-07:00As Churchill said, under socialism the misery is s...As Churchill said, under socialism the misery is shared by all. The chavista goal is to turn into another Cuba. Communism destroys another country. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8125355648059480100.post-22605853267959867682014-03-14T09:53:10.652-07:002014-03-14T09:53:10.652-07:00Al ser ese el panorama, o salimos del régimen o sa...Al ser ese el panorama, o salimos del régimen o salimos del régimen, YA. Si no, Venezuela pasará definitivamente a ser un Estado africano, y de los más miserables.<br /><br />¿Los militares alcahuetas y cómplices, aunque sea por instinto de supervivencia, no ven esto? ¿No leen? ¿O creen que todos se van a poder ir a disfrutar de sus forrtunas mientras el país se disuelve?<br /><br />Yo soy ya de la tercera edad, pero tengo descendencia. Me niego a que este sea el futuro que espera a los jóvenes que no alcancen a huir de este desdichado ex-paísAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8125355648059480100.post-86398571498835694752014-03-14T08:45:46.174-07:002014-03-14T08:45:46.174-07:00
The reality of the technological and managerial ... <br />The reality of the technological and managerial implosion at PDVSA under <i>Chavismo</i> may be the biggest open dirty secret of the modern age.<br /><br />It really makes me wonder how even some of the most intelligent, respected, and reputable forecasters of Venezuela's economic future, such as Stanford's Ian Bremmer and Pimco's Bill Gross, can continue to insist that Venezuela is not headed for a catastrophe in the short term. They both acknowledge there's trouble ahead, and Bremmer even sees a "steady erosion" in the country's future. But they all seem to count upon the continuing exportablility of Venezuela's oil riches as offering a baseline guarantee of fiscal and financial solvency that just is not there.<br /><br />We are witnessing one of the most catastrophic instances of the bungling of material resource wealth in all human history.<br /> Jacob Sulzbachhttps://www.blogger.com/profile/00797414738375951231noreply@blogger.comtag:blogger.com,1999:blog-8125355648059480100.post-71101666693973215162014-03-14T05:38:13.685-07:002014-03-14T05:38:13.685-07:00Y el imbecil de Chavez cerro la produccion de Orim...Y el imbecil de Chavez cerro la produccion de Orimulsion, que hubiera sido una fuente extra de ingresos para el pais, y una forma de darle salida a los crudos pesados.<br />ICAnonymousnoreply@blogger.com