News Venezuela says it retains ‘sovereignty’ following US oil deal

Interim President Rodriguez said that under the deal, $19 per barrel of oil sold to the United States would go to Caracas.
According to Venezuelan statements on social media, the United Statesএই চুক্তি অনুযায়ী, যুক্তরাষ্ট্রে বিক্রি হওয়া প্রতি ব্যারেল তেল থেকে ১৯ ডলার কারাকাসে যাবে।


Venezuela’s interim President Delcy Rodriguez says the country is preserving its sovereignty despite the announcement that it will hand over the rights to billions of barrels of its oil to the United States.

The “historic” deal with Washington to hand over 65 billion barrels of Venezuelan oil will last 25 years and allow Venezuela to develop its oil industry while preserving “ownership of and sovereignty” of its resources, Rodriguez said in a televised address on Saturday.


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The project envisages the development of 17 strategic oilfields with an initial production target of 1.5 million barrels per day, she said.
The broader plan also includes the development of eight greenfield oil blocks as part of a wider expansion of the country’s energy sector.
Under the deal, $19 from every barrel of oil produced and 

sold to...read more



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