April 27 (UPI) -- The U.S. chargé d'affaires in Caracas urged Venezuela's private sector to seize what he described as a "historic opportunity" in the oil industry, as Washington pushes to revive the country's energy sector.
In a post on X, John Barrett, wrote that private investment, including that of U.S. companies, will be key to positioning Venezuela as a relevant energy player in the region.
The message comes within the framework of the three-phase plan promoted by President Donald Trump, which includes the stabilization, recovery and subsequent transition of Venezuela, including opening the energy sector to U.S. companies.
El sector privado, incluyendo la inversión innovadora de los Estados Unidos, es el motor de la transformación de Venezuela en un centro energético mundial, y un pilar esencial para la estabilización y la recuperación económica, elementos clave del plan de tres fases del @POTUS... pic.twitter.com/J3Car7R1uQ— Embajada de los EE.UU. en Caracas (@usembassyve) April 27, 2026
The U.S. chargé d'affaires' comments came Monday during the Venezuela Energética 2026 forum, organized by the Venezuelan Oil Chamber, in Caracas.
