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US-Venezuela oil pact grants 100-year NABEP fields deal amid sanctions relief
El FinancieroLO·US · VE·1 day ago
The US Energy Secretary framed energy investment as central to Venezuela's economic recovery, projecting crude production to exceed 2 million barrels per day by 2030. This signals potential US policy engagement with Venezuela's energy sector, though current output remains far below that level. The projection implies significant investment and political normalization, which are uncertain.