Venezuela’s interim President Delcy Rodriguez said on Saturday that an energy agreement with the United States would last 25 years and target crude output of more than 1.5 million barrels per day. She described it as a historic deal that would preserve sovereignty over Venezuela’s natural resources and help revive the economy. Rodriguez said the broader plan includes 17 strategic oilfields and eight greenfield oil blocks. She also said the arrangement could generate about $209 billion for the Venezuelan state.
This combination of photos created on March 5 shows U.S. President Donald Trump smiling during a meeting with Ukrainian President Volodymyr Zelenskyy and European leaders in the East Room of the White House in Washington, DC, Aug. 18, 2025, and Venezuela's interim president, Delcy Rodriguez, smiling alongside U.S. Interior Secretary Doug Burgum (out of frame), after their meeting at the Miraflores Presidential Palace in Caracas, March 4. AFP-Yonhap
CARACAS — Venezuelan interim President Delcy Rodriguez said on Saturday that an energy agreement with the U.S. would remain in force for 25 years, target an increase in crude output to 1.5 million barrels per day (bpd) and preserve the country's sovereignty over its natural resources.
