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US$ 1/3 of Venezuela's Oil Company Received Under a Secret Contract

Summary by vz.ru
The Washington Post had access to US President Donald Trump's secret contract with Venezuelan billionaire Alejandro Betancourt, who gave Washington a stake in his oil company. "Welcome to the country," said Betancourt, meeting American partners. Under the agreement, the United States received 35 per cent of North American Blue Energy Partners' shares free of charge, writing The Washington Post. According to a 50-year paper, Betancourt is obliged…

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The Washington Post had access to US President Donald Trump's secret contract with Venezuelan billionaire Alejandro Betancourt, who gave Washington a stake in his oil company. "Welcome to the country," said Betancourt, meeting American partners. Under the agreement, the United States received 35 per cent of North American Blue Energy Partners' shares free of charge, writing The Washington Post. According to a 50-year paper, Betancourt is obliged…

Alejandro Betancourt, the Venezuelan businessman supported by the Trump administration to become a key player in the country's oil industry, revealed details of a controversial agreement with Washington.

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'The Washington Post' has reviewed the contract, an 18-page document that Betancourt did not want to provide because it was subject to confidentiality.

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Venezuelan billionaire Alejandro Betancourt has become one of the main partners of US President Donald Trump's administration in Venezuela's oil sector.

NABEP plans to close the year at 275,000 barrels per day and reach 350,000 barrels per day during the next year

The American authorities entered into a 50-year agreement with Venezuelan billionaire Alejandro Betancourt, which will allow the US to obtain 35 per cent of its oil company North American Blue Energy Partners (NABEP) with virtually no financial investment, and the entrepreneur has also pledged to sell a fifth of the oil produced to Washington at $30 per barrel, less than a third of the market value, and the details of the deal were disclosed by …

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Life.ru broke the news on Sunday, November 8, 2026.
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