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Page added on March 19, 2007

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Venezuela Certifies Oil Reserves

Venezuela is certifying new oil fields in the Orinoco Strip so that the country can become the world leader according to its hydrocarbon reserves.


Statistics from the Energy and Oil Ministry show that Venezuela

However, Energy and Oil Minister Rafael Ramirez pointed out that 50 billion barrels will be certified in that region by December 2007.


If that goal is achieved, Venezuela will have the world



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