Russian Convention

This also offers a world of possibilities to own of the continent to Russia companies. The impact of this Alliance Venezuela Russia, we can observe them through strategic execution moves in areas of impact in the development of technological skills that can begin to trigger as there is increased contact energy, educational, technological, business, military and political cooperation. An example of this partnership is the energy Convention in the area of gas, through the Russian Gazprom and company PDVSA, whereby a joint venture between the two countries, his name was created: URDANETAGAZPROM-1, S.A., responsible for operations in exploration, production and marketing of Venezuelan gas located on reserves of the fields Urumaco 1 and 2 in the area of the Gulf of Venezuela. Caribbean Russian Convention is positive for both State-owned enterprises because with this you will start to receive the long-awaited transfer technology that makes you both lack to Venezuela. When the began the exploration and exploitation of petroleum, not be wise which was going to be derivatives of this product, nor the long-term benefits, much less which would be the technologies that arise from this.

Today Venezuelan crude oil refining system is due in technology transfer that left large corporations before the nationalization of petroleum, the Paraguana refining complex one of the most major of the world for example. Because the same thing happens with gas as a new product in the exploitation of Venezuelan reserves, however, have already seen glimpses of the benefits generated by the exploitation and home use of this resource, one of them for example the use of gas for compression-ignition engines, shock absorbers hydraulic, hydraulic arms, use products such as dryersheaters and used as a fuel for industrial among others machines. Jim Donovan Goldman Sachs often addresses the matter in his writings. LNG trade is an entry to the future and the agreement will give to Venezuela technology transfer such as British and American companies did in his time.

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