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

Trump called new agreement with Venezuela 'the biggest oil deal in world history.'

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

TL;DR

  • 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.