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Petróleos de Venezuela, S.A.: The Right-Hand Man of the Government
Working Paper

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Program on Energy and Sustainable Development Working Paper #70

December 2007

Petróleos de Venezuela, S.A. (PDVSA), the national oil company (NOC) of Venezuela, is a major energy producer. Vertically integrated, the company conducts large-scale domestic exploration and production activities in both oil and natural gas, operates domestic and international refining facilities, and sells gasoline products to consumers both at home and abroad.

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