Delcy Rodríguez Says Venezuela’s Vast Oil Reserves Must Be Turned Into Prosperity

Interim Venezuelan leader Delcy Rodríguez announced a significant oil agreement with the United States, aiming to revitalize the country’s oil industry. This deal, covering 65 billion barrels of oil reserves, is projected to span 25 years and targets the development of 17 strategic oilfields with a production goal of over 1.5 million barrels per day. Rodríguez emphasized that Venezuela’s large oil reserves are only valuable if they translate into prosperity for the nation.

• Venezuela has signed an oil agreement with the United States.
• The deal aims to revive Venezuela’s oil industry.
• It covers 65 billion barrels of oil reserves and is expected to last 25 years.
• The project focuses on developing 17 strategic oilfields.
• The production target is over 1.5 million barrels per day.
• Interim leader Delcy Rodríguez stated that oil reserves must be converted into prosperity.