After two strong earthquakes, Oil and Gas Minister Paula Enau said on June 26 local time that oil production has not been affected. Venezuela is producing about 1.2 mln bpd, the government has reviewed domestic inventories, and domestic gas and fuel supplies are secure; all wells are operating. Company managers and field workers reported no significant damage to oil and gas facilities. Preliminary assessments earlier indicated major facilities were largely spared because they are distant from af

After two strong earthquakes, Oil and Gas Minister Paula Enau said on June 26 local time that oil production has not been affected. Venezuela is producing about 1.2 mln bpd, the government has reviewed domestic inventories, and domestic gas and fuel supplies are secure; all wells are operating. Company managers and field workers reported no significant damage to oil and gas facilities. Preliminary assessments earlier indicated major facilities were largely spared because they are distant from affected cities, though power outages could constrain output.