From The Straits Times · · 40s
Venezuela's oil investment target
Venezuela aims for $97.4 billion oil investment over five years.
In brief
Venezuela aims for $97.4 billion oil investment over five years. Venezuela expects $76 billion in oil investment over five years to revive production. Originally reported by The Straits Times.
Venezuela's oil investment target
Venezuela expects almost US$76 billion of oil and gas investment over five years.
Investment agreements
Acting president Delcy Rodriguez signed 61 hydrocarbons agreements and negotiates 44 more.
Job creation target
Projects could generate 324,000 direct and indirect jobs.
US partnership
US backed North American Blue Energy Partners to invest up to $100 billion in 17 fields.
Here's the gist
Venezuela expects $76 billion in oil investment over five years to revive production.
