Rafael Punceles Loynaz

Rafael Punceles is a lawyer and graduate of UCAB. He practices in the areas of Tax Law, Litigation, and Arbitration, with five years of experience. He is currently a Professor of Business Law at the Metropolitan University (UNIMET) and is completing his Specialization in Financial Law and a Master's degree in Applied Economics, both at the Andrés Bello Catholic University (UCAB).

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What Changes With the New Hydrocarbons Law in Venezuela? The Industry Undergoes Its Biggest Transformation in 50 Years

Venezuela’s new oil law will allow private companies to directly operate wells and market oil for the first time in half a century, breaking the State's operational monopoly. In addition, it introduces unprecedented lower royalty and tax discounts.

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