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Austria, 9th OPEC International Seminar takes place from July 9 to 10
teleSUR English
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7/9/2025
From Austria, our special correspondent Jorge Gestoso updates us on the developments of the 9th OPEC Seminar. teleSUR
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00:00
Let's go live to Vienna, Austria, where the first high-level roundtable of the 9th OPEC International Seminar is underway.
00:06
Our colleague Jorge Estoso is right there on the venue, ready to share the latest details. Welcome, Jorge.
00:22
Thank you very much.
00:23
This afternoon, in the second plenary session here at the 9th Seminar of OPEC here, the International, in Vienna,
00:34
one of the participants of a panel about investments for the future was the Vice President of Venezuela, Delcy Rodriguez.
00:44
She was very clear in her position.
00:47
She was mentioning, for example, that the world, her words, the world is at war.
00:54
And she said, because there were many panelists, they said three out of the countries that are in this panel.
01:00
She mentioned Libya.
01:02
She mentioned Iran and Venezuela.
01:04
She said, we are under the target.
01:07
She mentioned a couple of figures very important.
01:10
This is 26% of the production of the world is under sanctions.
01:18
And 46% of the world reserves of oil are under, what is called in Spanish, medidas unilaterales, means unilateral sanctions.
01:32
And she said, most definitely, that has been the case of Venezuela, that throughout that unilateral sanctions,
01:41
as she mentioned, 1,041 unilateral sanctions since the year 15, 16, and 17, she mentioned,
01:49
is not letting Venezuela could be able to produce as much oil as they could.
01:56
And she was very optimistic, anyway, that by the year 2027, she said, the first molecule of gas will be exported from Venezuela.
02:07
And at the end of her presentation, she concludes about investment.
02:12
And her words, she said, the geopolitica, the world geopolitics, is key, fundamental, she said, for to grant the production of oil.
02:24
Therefore, trying to conclude that we cannot assume that you can grant the production of oil,
02:34
even though as one of the panelists and one of the members, founder of the OPEP,
02:42
Telesur is reporting precisely as one of the sponsors of this event,
02:48
that OPEP is founded by five members, one of them is Venezuela.
02:53
How come a country under any number that she mentioned was 1,041 unilateral sanctions
03:02
can preview, can present, can guarantee production, when in reality, one of these countries she mentioned is at war?
03:13
We get back to you now.
03:14
Thank you, Jorge, for the information coming from Vienna.
03:19
We're going to stay on top of what is happening in this 9th International Seminary of OPEC.
03:24
We're going to stay on top of what is happening in this 9th International Seminary of OPEC.
03:30
We're going to stay on top of what is happening in this 9th International Seminary of OPEC.
03:32
We're going to stay on top of what is happening in this 9th International Seminary of OPEC.
03:34
We're going to stay on top of what is happening in this 9th International Seminary of OPEC.
03:36
We're going to stay on top of what is happening in this 9th International Seminary of OPEC.
03:38
We're going to stay on top of what is happening in this 9th International Seminary of OPEC.
03:40
We're going to stay on top of what is happening in this 9th International Seminary of OPEC.
03:42
We're going to stay on top of what is happening in this 9th International Seminary of OPEC.
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