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Foreign investors are beginning to explore opportunities in Venezuela’s oil sector amid easing sanctions and government reforms, despite significant challenges such as decayed infrastructure and political instability. Attendees at a recent energy conference in London expressed optimism about investments in Venezuela’s oil reserves, which are among the largest globally. However, experts caution that extensive capital investment, estimated at between 50 to 100 billion dollars over a decade, is required, and long-term stability remains uncertain due to past asset expropriations and ongoing economic issues.
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