Venezuela Will Allocate 1.4 Billion Dollars to the Oil Sector for 2026

EFE

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The president in charge of Venezuela, Delcy Rodríguez, estimates the investment for the oil sector to be 1.4 billion dollars,

Felix Victorino

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Venezuela’s executive vice president, Delcy Rodríguez, announced that the country will allocate $1.4 billion to the hydrocarbon sector in 2026. The announcement was made during a public consultation with representatives of the sector, broadcast by Venezolana de Televisión (VTV), in the context of the parliamentary debate on the reform of the Organic Hydrocarbon Law. Rodríguez indicated that in 2025 investment in the sector reached approximately …