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The New Gas Discovery in South America Leaves Middle Eastern Countries Behind, While Venezuela Stands Out, Surpassing Saudi Arabia, Canada, and Iraq in Reserves and Changing the Global Energy Landscape.
The new gas discovery in South America puts Venezuela in the spotlight, transforming the country into the leading holder of global oil and gas reserves. With impressive amounts of natural resources, surpassing traditional powerhouses like Saudi Arabia, Canada, and Iraq, the South American country is set to exert strategic influence in the energy market and raise alarm bells in regions like the Middle East.
Venezuela’s rise as a global leader in oil and gas reserves is accompanied by this new gas discovery in South America, a factor that has shaken the sector.
While the production of historically strong nations in the area, such as Saudi Arabia, Canada, and Iraq, was already a reference, the emergence of a new energy giant in the southern part of the American continent changes the balance of power.
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Venezuela’s Resources
Most of Venezuela’s resources are located in the Hugo Chávez Oil Belt in the southeast of the country, concentrating about 279.1 billion barrels. Significant reserves are spread across the states of Zulia and Falcon in the northwest, and Barinas and Apure in the southwest.
The growing capacity of Venezuela to expand its production, with the goal of exceeding one million barrels a day in 2024 – reinforces the country’s influence over global oil prices and supply, giving even more weight to the new gas discovery in South America.
However, Venezuela’s advancement is not without obstacles. Political tensions, including reactivated sanctions by the United States, bring uncertainties to the country’s energy future.
In response, Vice President Delcy Rodriguez suggested a reevaluation of cooperation with Washington, while President Nicolás Maduro announced agreements with about 20 investors to diversify trade partners and circumvent external pressures.
New Global Energy Hub
For South America, this new phase for Venezuela may consolidate the continent as a new global energy hub. The new gas discovery in South America, combined with already proven reserves, could transform the region into a crucial player in the oil and gas supply, displacing traditional centers and redefining the geopolitical energy map.
While the Middle East tries to maintain its relevance, the world turns its eyes to Venezuelan lands, now capable of surpassing Saudi Arabia, Canada, and Iraq and establishing a new standard in the global landscape.
Maduro tem que comprar os melhores armamentos que Rússia e China tiverem pra vender. Os eeuu estão babando por toda essa riqueza…
Se muda pra lá. Vai ver como a população está vivendo.
Se os EUA não tivesse dado embargo na Venezuela, a querida estaria maior que a arábia saudita em questões financeiras, mas por vontade do **** mercado em querer sempre manter os preços altos, encheu de embargo e hoje nem a própria população venezuelana se organiza pra se confiarem entre si e terem um país digno, acredito que eles tenham muito potencial, falta organização.
Eu garanto iso nosso país tem esas reserva eu trabalhei por 10 anos na indústria petrolera tem muito petróleo e gás