Through a statement, the acting president of Venezuela, Delcy Rodríguez, confirmed on Friday night the oil agreement established between her government and the United States, assuring that this will boost the economic growth of her country.
Rodríguez’s publication was revealed shortly after the U.S. president, Donald Trump, announced on Truth Social the agreement that will lead to the U.S. taking control of 65 billion barrels of Venezuelan oil reserves.
In her text, the interim president ratified the pact with Washington, pointing out that “it will facilitate a significant flow of investment aimed at the recovery and reconstruction of strategic infrastructure for the development of the hydrocarbons industry.”
She then thanked Trump and Secretary of State Marco Rubio for their support in the drafting of the deal which, in her words, “represents a historic milestone in bilateral relations between Venezuela and the United States.”
“The agreement will allow a significant increase in oil production with the participation of private operators. It includes the development of 17 strategic fields, with a proven potential of 65 billion barrels of oil, an investment of more than 100 billion dollars, and over 209 billion dollars in taxes for the state,” she detailed.
In the statement released on X, Rodriguez also noted that these investments will contribute not only to the recovery and modernization of the Venezuelan industry but also to the economic growth of the country, energy security of the hemisphere, and greater balance in international markets.
“Our goal is to advance towards the consolidation of a producing energy power, putting our immense reserves at the service of national development, job creation, increased income for our workers, and the well-being of our people,” she argued.
To conclude, she pointed out that “in this way, Venezuela is beginning a new era of recovery, growth, production, security, and prosperity for our people”.
