Venezuela Opens Its Oil Sector to Private Investors
Caracas (International News Agencies) – Venezuela has announced the opening of its oil sector to private investors.The decision comes at a time when the United States has put pressure on Venezuela for access to its crude reserves following the seizure of President Nicolas Maduro less than a month ago.Venezuela possesses one of the world’s largest…
Caracas (International News Agencies) – Venezuela has announced the opening of its oil sector to private investors.
The decision comes at a time when the United States has put pressure on Venezuela for access to its crude reserves following the seizure of President Nicolas Maduro less than a month ago.
Venezuela possesses one of the world’s largest oil reserves.
The opening of Venezuela’s oil sector to the private sector amid US pressure and international sanctions is being considered a significant development.
Analysts say this move could bring about an important shift in the region’s energy politics.
