Titoli di Stato paesi-emergenti VENEZUELA e Petroleos de Venezuela - Cap. 1 (3 lettori)

probabilità recovery

  • 1

    Votes: 21 48,8%
  • 100

    Votes: 6 14,0%
  • 50

    Votes: 16 37,2%

  • Total voters
    43
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qquebec

Super Moderator
Opec

Algiers, Iran and Venezuela are pushing for an OPEC meeting to seek oil price stabilization, but market sources believe it is unlikely this will happen and, to the contrary, believe OPEC will maintain production levels.
 

qquebec

Super Moderator
Venezuelan oil production is falling more than ever

Francisco Monaldi, founding director and professor with the International Center of Energy, Institute of Administration Higher Studies (IESA), says the status of state-owned oil company PDVSA is "precarious." He adds: "The plunge of oil prices caught us when our production has been declining, even though Pdvsa claims that it is getting steady and even in the (Orinoco Oil) Belt it is raising. Our production of conventional oil is falling as never before," and says that when all oil producing countries lifted their production during the stage of oil high prices, "we did just the opposite"
Francisco Monaldi: Venezuelan oil production is falling more than ever - Economía
 

qquebec

Super Moderator
These 30-Cent Bonds Are Barclays's Top Pick in Venezuela Default

The value of PDVSA’s offshore assets -- including Citgo Petroleum Corp. stations -- has declined after the 60 percent drop in oil prices over the past year, but they still may be worth as much as $10 billion, Barclays estimates. That puts a floor to PDVSA’s recovery value of about 25 cents on the dollar on its $32 billion of debt, and it’s likely that in order to increase participation in a debt swap, PDVSA would boost the recovery value, the London-based bank said in an Aug. 18 report.
That recovery depends on oil prices and “the capacity of the authorities to adjust” policies, according to Barclays. Assuming crude prices between $50 and $75 a barrel, a devaluation of the bolivar from 6.3 per dollar and higher domestic gasoline prices, investors may recover between 45 cents on the dollar and 71 cents, Vargas said. That compares with a range of 29 cents on the dollar to 71 cents for government debt.


These 30-Cent Bonds Are Barclays's Top Pick in Venezuela Default - Bloomberg Business
 

Myskin

Forumer stoico
The value of PDVSA’s offshore assets -- including Citgo Petroleum Corp. stations -- has declined after the 60 percent drop in oil prices over the past year, but they still may be worth as much as $10 billion, Barclays estimates. That puts a floor to PDVSA’s recovery value of about 25 cents on the dollar on its $32 billion of debt, and it’s likely that in order to increase participation in a debt swap, PDVSA would boost the recovery value, the London-based bank said in an Aug. 18 report.
That recovery depends on oil prices and “the capacity of the authorities to adjust” policies, according to Barclays. Assuming crude prices between $50 and $75 a barrel, a devaluation of the bolivar from 6.3 per dollar and higher domestic gasoline prices, investors may recover between 45 cents on the dollar and 71 cents, Vargas said. That compares with a range of 29 cents on the dollar to 71 cents for government debt.


These 30-Cent Bonds Are Barclays's Top Pick in Venezuela Default - Bloomberg Business

e intanto che questi fanno i conti qui i guadagni non mancano
 
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