PDVSA Petróleos de Venezuela : The Orinoco Oil Belt leads El Petro monetary sovereignty

San Tomé.- From the very soul of the Orinoco Oil Belt Hugo Chávez emerges natural richness which rules the economic revolution of new year 2020 through the implementation of El Petro, the first Venezuelan Crypto-currency supported by gold and 5 thousand millions of crude oil barrels internationally certified as oil reserves located in Ayacucho Block Field 1, equivalent to 267 billion of Dollars.

Thanks to this important historic landmark, today we celebrate 84 years of the discovering and operations starting in the Orinoco Oil Belt, which history began to be written in January 7th, 1936 through the drilling of first well named Canoa-1, located in Canoa indigenous community, southern Anzoátegui state, where the North American company Standard Oil of New Jersey performed the first extraction of 44 crude oil barrels.

In year 2010, the Organization of Petroleum Exporting Countries (OPEC), in its annual report, recognized that Venezuela's oil reserve is of 296,500 billions of crude oil barrels far and wide the Orinoco Oil Belt's geographical extension of 55,134 squared kilometers, located in North Orinoco River, among Monagas, Anzoátegui, Bolívar, Guárico and Delta Amacuro states, considered as the largest heavy and extra-heavy reserve in the world.

A land blessed by black gold which promised to guarantee financial support through generations, 84 years after positive fulfillment of forecasts remain, strengthened by the Bolivarian Revolution promoted by Commander Hugo Chávez who rescued the Orinoco Oil Belt from the imperialist claws which pretended to get hold of the Venezuelan oil, thanks to the implementation of Full Oil Sovereign policies.

The Constitutional President Nicolás Maduro gives continuity to the visionary policies of Commander Chávez by issuing Decree N° 3.292 published in Official Gazette N° 41.347 dated February 23rd, 2018, by means of which the potential development of 5,342 billions of both heavy and extra-heavy In-Site Original Oil barrels from Field 1 of Ayacucho Block in the Orinoco Oil Belt, is supported by El Petro for the implementation of financial and commercial exchange operations through Crypto-currencies.