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Venezuela’s Acting President Pitches Oil Sector Reforms to Miami Investors

Delcy Rodríguez highlighted Venezuela’s oil reforms that end state monopoly and allow private investment with arbitration, citing production of about 1 million barrels daily.

  • Venezuela's acting President Delcy Rodríguez pitched oil sector reforms to investors at a Saudi-backed summit in Miami Beach, offering privatization, outside arbitration, and new laws protecting investments.
  • Rodríguez highlighted Venezuela's huge oil reserves and low production costs, projecting double-digit economic growth for the next three years under reforms attracting investment.
  • After Maduro's arrest, Rodríguez overhauled regulations to end state firm PDVSA's monopoly, granting private firms control over oil production, sales, and pricing.
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Venezuela’s Delcy Rodríguez pitches newly opened oil sector to investors at Miami summit

Venezuela’s acting President Delcy Rodríguez is selling investors on a newly opened oil industry and looser U.S. sanctions.

·United States
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Spectrum Local News broke the news in United States on Wednesday, March 25, 2026.
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