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Venezuela also has 150 trillion cubic feet (4.2 × 10 12 m 3) of natural gas reserves. The crude oil PDVSA extracts from the Orinoco is refined into a fuel eponymously named 'Orimulsion'. [12] PDVSA has a production capacity, including the strategic associations and operating agreements, of 4 million barrels (640,000 m 3) per day (600,000 m 3).
The Tax Administration Service (Spanish: Servicio de Administración Tributaria, SAT) is the revenue service of the Mexican federal government. The government agency is a deconcentrated bureau of the Secretariat of Finance and Public Credit , Mexico's cabinet-level finance ministry, and is under the immediate direction of the Chief of the Tax ...
Gas flares were common sights in oilfields and at refineries. U.S. natural gas prices were relatively stable at around (2006 US) $30/Mcm in both the 1930s and the 1960s. Prices reached a low of around (2006 US) $17/Mcm in the late 1940s, when more than 20 percent of the natural gas being withdrawn from U.S. reserves was vented or flared.
In 2006, the business environment in Venezuela was listed as "risky and discouraged investment" by El Universal. As measured by prices on local stock exchanges, foreign investors were willing to pay on average 16.3 years worth of earnings to invest in Colombian companies, 15.9 in Chile, 11.1 in Mexico, and 10.7 in Brazil, but only 5.8 in Venezuela.
The refinery was a joint venture between Hess Corporation and PDVSA. For most of its operating life as Hovensa, it supplied heating oil and gasoline to the U.S. Gulf Coast and the eastern seaboard with the crude mainly sourced from Venezuela. Previously it had sourced its crude feedstock from a number of other countries including Libya.
The LNG ship Al Safliya was the first ship to port and unload at Costa Azul. The Al Safliya is a 210,000 cubic meter LNG ship, its LNG was from Qatar. [1] [2] The other Mexican LNG Terminal in the Pacific Ocean is at Manzanillo, Colima, the Manzanillo LNG Terminal. Mexican natural gas imports to US Chart, 2013, Costa Azul only West Coast Port
El Paso Natural Gas (EPNG) is an American company and a 10,140-mile pipeline system consisting of a system of natural gas pipelines that brings gas from the Permian Basin in Texas and the San Juan Basin in New Mexico and Colorado to West Texas, New Mexico, Nevada, California, and Arizona. It also exports some natural gas to Mexico. [1]
Cetesdirecto is a Mexican government program established on November 26, 2010 [1] after an effort to promote and extend savings and investment in the country. This program allows small and medium investors to have access to financial services and to invest on government securities with accessible amounts and without commissions.