1. Scotland
Business Presentation
OPPORTUNITIES IN VENEZUELA
Monday 21st June 2010,
The EIC, 72 Carden Place, Aberdeen, AB0 1UL
This presentation is open to EIC Members and Non Members
With the world’s second largest proven “traditional” oil & gas reserves (after Saudi Arabia) and vibrant national
and regional markets, Venezuela is a country of vast economic potential. Oil reserves stood at over 210 billion
barrels at the end of 2009; only 9.4% are currently being developed. Based on production of 3.26m bbl/d in 2009,
reserves are expected to last 150 years*.
Although Venezuela’s colourful politics can sometimes appear to be a barrier to business, President Hugo
Chavez continues to stress the role of foreign investors in his economic programme. The State oil company
PDVSA is keen to develop its supply chain by attracting foreign suppliers of key capital products and services.
We understand that measures such as off-shore contracts and payment
bonds are being made available to enable supply chain companies to involve
themselves in the Venezuelan market while controlling their risk level and
exposure. Bilateral double taxation and investment promotion/protection
agreements are currently in force.**
Major new oil and gas projects provide opportunities for UK companies. These include the development of new
onshore fields in the Orinoco belt as well as the continued development of offshore fields in the Caribbean Sea.
In cooperation with PDVSA and UKTI the EIC is organising two “road show” events exclusively for members, to
help them understand better the opportunities in this key market and how to get involved. The events will consist
of presentations followed by a networking lunch and one-2-one meeting opportunities.
*Source: PDVSA
**Source: UKTI
SPEAKERS:
• Dr. Hercilio Rivas, Internal Director for Research and Development and Member of the Board of
Directors for PDVSA
• Mr Miguel Ford, President of PDVSA Intevep (R&D Arm)
• Mr Haden Spicer; First Secretary Commercial Section
• Mr Luis Quirós, Commercial Officer, Oil & Gas Expert
PROGRAMME:
• Venezuela Oil & Gas Development Plan (Onshore & Offshore)
• PDVSA Affiliates and Major Projects and Needs
• PDVSA Technology Requirements for the Whole Supply Chain
• Information of the Technology Workshop in Caracas on July 21& 22, 2010

2. OPPORTUNITIES IN VENEZUELA
Date: Monday 21st June 2010
Location: The EIC, 72 Carden Place, Aberdeen, AB0 1UL
BOOKING FORM: EIC MEMBERS ONLY
Attendee Name and Job title
Company Name
Address
(receipt will be sent to this address)
Telephone with code
Facsimile with code
Email
Member Rate - Please reserve ___ place(s) at £40.00+17.5% vat = £47.00 each Total £ _______
Non Member Rate - Please reserve ___ place(s) at £52.00+17.5% vat = £61.10 each Total £ _______
Additional Delegates Names: _______________________________________________________________
Any Dietary Requirements?___________________________________________________
I would like a 1 to 1 appointment with: PDVSA Representatives (PLEASE TICK BOX  )
• Dr Hercilio Rivas, Internal Director for Research and Development and Member of the
Board of Directors for PDVSA
• Mr Miguel Ford, President of PDVSA Intevep (R&D Arm)
I would like a 1 to 1 appointment with: UKTI Representatives (PLEASE TICK BOX )
• Mr Haden Spicer; First Secretary Commercial Section
• Mr Luis Quirós, Commercial Officer, Oil & Gas Expert
Please indicate who you would like an appointment with. Please note that appointments will be allocated on a first come, first
served basis and will be limited in number due to time constraints.
 Payment by Credit Card or Debit Card (please indicate which type of card here and below)
Visa MasterCard Amex Switch Delta
Card Number _______________________________________________________________________
Expiry Date ______________ Start Date ______________ 3 digit security no._________________
Name on card ______________________________________________________________________
Card Registered to House no. & postcode: __________ / ___________________________________
RETURN THIS FORM TO US:
Please note that you can fill in this form electronically or by hand and return to The EIC, 72 Carden Place, Aberdeen,
AB10 1UL or by email to aberdeen@eic-uk.com. You can also fax it to 01224 637393. Please retain a copy for your
records.
CANCELLATIONS & REFUNDS:
Cancellations may be submitted no later than Monday 14th June and will receive a 50% refund of booking fees. However
Substitution of Delegates can be made at any time. There is no refund for cancellations received after this date. EIC
reserves the right to cancel due to unforeseen circumstances. EIC is not liable for any expenses incurred by the
delegate.
*** PLEASE NOTE THAT YOUR APPLICATION WILL NOT BE PROCESSED WITHOUT A VALID BOOKING FORM. ***
EIC Events Information: www.the-eic.com/events