_1777292798912_197359786.jpg&w=48&q=75){kind=small}
Trump offers Venezuela oil reserves to US
_1777292798912_197359786.jpg&w=3840&q=75)
The White House has announced that the United States has entered into a partnership with North American Blue Energy Partners (NABEP) to establish a new oil company in Venezuela, aimed at increasing oil resource production. The deal will grant the Pentagon a 35% ownership stake in the company, along with a guarantee to purchase 20% of its output at cost price, and a $100 billion investment has been approved by NABEP. The rights granted to the new company extend for 100 years and cover 17 oil fields containing proven reserves of approximately 65 billion barrels, most of which were previously owned by Russian and Chinese companies. The objective of the deal is to bolster American energy resources and enhance influence in the Venezuelan oil market, at no cost to the United States.
Notice: This Is an AI-Generated Summary
Comments (0)