2 Days
Source:
AL24 News
Delsey Rodriguez: US Energy Pact Valid for 25 Years
The energy agreement between Venezuela and the United States will last for 25 years, with the aim of increasing oil production to over 1.5 million barrels per day and maintaining the country's sovereignty over its natural resources. The plan includes developing 17 oil fields and investing up to approximately $209 billion, based on a barrel price of $65, with about $19 from each barrel allocated to Venezuela. The agreement reflects Venezuela's efforts for economic recovery amid U.S. sanctions, with the government continuing to maintain ownership of its oil resources.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)