Venezuela Approves Opening Oil Sector To Private Firms Following US' $100Bn Reconstruction Push

Описание: Venezuela’s National Assembly on January 29 approved a sweeping overhaul of the country’s energy framework, reforming the Organic Law of Hydrocarbons to allow greater participation by national and foreign private companies. Backed by acting president Delcy Rodríguez, the move significantly reduces state control over the oil sector, marking one of the most consequential shifts in Venezuelan energy policy in decades.

Lawmakers hailed the vote as a “historic day,” framing the reform as a necessary step toward economic recovery following years of production decline and international isolation. The changes come amid renewed international interest in Venezuela’s vast oil reserves, following US President Donald Trump’s $100 billion reconstruction push, which has reshaped geopolitical and commercial calculations around the country’s energy future.

#usvenezuela #venezuelaoil #oilprivatisation #delcyrodríguez #trump #alertnews

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