Venezuela's interim president says US energy deal will last 25 years
- Posted on August 30, 2026
- By Business News Today
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- 1 min read
In brief
Venezuela's interim administration has unveiled a groundbreaking 25-year energy partnership with the United States, marking a significant shift in bilateral relations. The strategic accord targets petroleum production expansion to 1.5 million barrels per day, positioning the nation to capitalize on global energy markets. Crucially, the agreement maintains Venezuela's sovereign control over hydrocarbon resources while establishing a framework for economic stabilization and fiscal recovery through enhanced oil revenues.
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Venezuela's interim president says US energy deal will last 25 years
Venezuela's interim President Delcy Rodriguez announced a historic energy accord. This agreement with the United States will last for twenty-five years. Crude oil output is targeted to increase to 1.5 million barrels daily. The deal preserves Venezuela's sovereignty over its natural resources. This accord aims to revive the nation's economy and boost revenues.
