Foundation of the Venezuelan Hydrocarbon Association (AVHI), activities start

Joint project between AVHI – Arthur D. Little on corporate and social responsibility and national investment

Dialogue table with the Ministry of Petroleum and Mines for the exclusion of Brent crude oil, and use the Venezuelan basket as reference for the calculation of the windfall profits tax

Participation in the National Council of Productive Economy for stabilization and economic recovery plan (elimination of exchange control)

Preparation of technical studies on “the unintended consequences of sanctions on the hydrocarbon industry in Venezuela: Flexibility of licenses and comfort letters”