Venezuela Passes Sweeping Oil Law Reform: Private Producers Gain Autonomy

Описание: Venezuela’s National Assembly has approved a sweeping reform of its main oil law, backing interim President Delcy Rodríguez’s proposal to lower taxes, expand the oil ministry’s powers and grant long‑sought autonomy to private oil producers. The landmark move marks a sharp break from decades of strict state control over the energy sector.

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Venezuela Passes Sweeping Oil Law Reform: Private Producers Gain Autonomy