National president announces oil investments despite US sanctions: Venezuela is not for anyone!

Published at: 29/04/2024 07:37 PM

During the Con Maduro+ program, the President of the Republic, Nicolás Maduro, reiterated that, despite the sanctions and blockade of imperialism against Venezuela, the oil industry will receive international investment in the short and medium term.

“We have signed 20 contracts for 20 oil production projects with European, North American, Asian, Eurasian, Latin American and Caribbean companies,” said the head of state.

He predicted that, faced with this scenario, those who called for sanctions and those who celebrated that the United States resumed them on April 18, are on their way to a resounding defeat.

“They're not going to stop Venezuela, Venezuela doesn't need a license to grow, to develop,” he emphasized.

With regard to the petrochemical industry, he explained that the installed capacity of the petrochemical industry currently stands at 98% of production and its recovery is guaranteed. “New investments are coming to double production,” he announced.

Mazo News Team