Venezuela announces readiness to accept US oil investments

investments

PNN – Venezuela’s president announced his country’s readiness to accept American investments in its oil sector, similar to the investment by the American company “Chevron.”

According to the report of Pakistan News Network citing Russia Al-Youm, Nicolas Maduro said in an interview with Spanish journalist “Ignacio Ramonet” which was published through his Telegram channel: “If America needs Venezuela’s oil, Venezuela is ready to accept American investments, similar to what exists with Chevron; anytime, anywhere, and in any form they want.”

He added: America should know that if it wants comprehensive economic development agreements, it can also conclude such agreements.

Read more:

Rubio: No further action against Venezuela after Maduro’s arrest.

The American company “Chevron” has a license from the U.S. government to extract and export oil in Venezuela and is one of the few international companies that, despite extensive U.S. sanctions against Venezuela’s oil sector, has maintained its operational activities in this country.

Previously, Donald Trump, the American president, had announced the “destruction of a major facility” in Venezuela by the U.S. military.

CNN, citing some sources, reported that the U.S. Central Intelligence Agency (CIA) conducted an aerial drone attack against a port facility on the coast of Venezuela.

The United States justifies its military presence in the Caribbean region with the aim of combating drug trafficking. In the months of September and October, U.S. armed forces repeatedly destroyed boats that were claimed to be carrying drugs near the coasts of Venezuela.

In late September, NBC reported that the U.S. military was considering options to target drug traffickers inside Venezuela.

On November 3rd, Donald Trump expressed confidence that the days of Nicolas Maduro’s presidency over Venezuela were ending, but explained that the United States does not intend to start a war against Venezuela.

Caracas described these actions as provocative and aimed at destabilizing the region, describing it as a violation of international agreements related to nuclear disarmament in the Caribbean region.

On December 17th, Trump designated the Venezuelan government as a “foreign terrorist organization” and announced the complete blockade of all sanctioned oil tankers moving to or from the Bolivarian Republic of Venezuela.

He also threatened Venezuela with an “unprecedented shock” and demanded the return of oil, lands, and other “stolen” assets from America.

Washington has imposed extensive sanctions on Venezuela’s oil sector since 2017 and severely limited this country’s oil exports. These sanctions intensified particularly during Donald Trump’s presidency, and many international companies halted their activities in Venezuela.

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