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Luis E. Giusti

Senior Adviser

Associated Research Focus:

Energy
Americas

Associated Programs:

Americas Program
Energy and National Security

Expertise:

Latin America, energy and oil, economics, and business management

Contact:

(202) 775-3163
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Luis Giusti has been a senior adviser with CSIS since April 1999, principally in energy and Latin American affairs. A petroleum engineer and private consultant, he is a member of the advisory boards of Riverstone-Carlyle and the Stanford Financial Group. He is also a member of the board of governors and special adviser to the chairman of the Centre for Global Energy Studies in London. Between September 2000 and September 2005 he was a nonexecutive director of Royal Dutch Shell.

 

In academia, he is a member of the advisory boards of the Institute for Latin American Studies at Babson College, the Energy Institute of the University of Houston, the Maguire Energy Institute at Southern Methodist University, and the Institute of Global Studies at the George Washington University. He was a member of the task force that issued Strategic Energy Policy Challenges for the 21st Century (Council on Foreign Relations and Institute of Energy of Rice University, 2001). Giusti began his career at Shell Corporation in Venezuela, after which, in 1976, he joined Maraven, S.A., an operating affiliate of PetrĂ³leos de Venezuela, S.A. (PDVSA). At PDVSA, he held diverse positions related to exploration and production, refining, corporate planning, and marketing, including serving as chairman from 1994 to 1999. Under his leadership, the Venezuelan petroleum sector underwent major reform, which included an opening to private participation, with resulting estimated foreign direct investments of about $30 billion for the period 1995 to 2004. Over the last five years of his tenure at PDVSA, the company continued to consolidate its international downstream position by completing major deals with Mobil, Phillips, Chevron, and Amerada Hess.

 

Giusti graduated in 1966 from the University of Zulia, Venezuela, and received an M.S. in petroleum engineering from the University of Tulsa, Oklahoma, in 1971. He is a member of the advisory boards of Energy Intelligence Group (publisher of PIW, Oil Daily, and Energy Compass) and the Inter American Dialog. He is a frequent speaker and publisher on the oil industry.

Luis E. Giusti In the News


CSIS Senior Adviser Luis Giusti was quoted by the Financial Times, "Venezuela: ratings agencies could withdraw heavy crude project ratings; PDVSA to face technological challenges to operate projects." 07/06/2007
CSIS Senior Adviser Luis Giusti was quoted by The Miami Herald, "Brazil, U.S. to Forge Ethanol Alliance." 02/05/2007

Testimony by Luis E. Giusti


Energy Security in Latin America 06/22/2006
 

 

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