PDVSA and the US negotiate the sale of oil volumes through a strictly commercial transaction (+press release)

Published at: 07/01/2026 02:42 PM

Petrleos de Venezuela, S.A. (PDVSA) reported that negotiations are currently progressing with the United States for the sale of volumes of oil, as part of the commercial relations that exist between the two countries.

In a statement issued by the state oil company, he stated that this is a strictly commercial transaction.

The following is the full text of the press release:

PDVSA moves forward in negotiations for the sale of volumes of crude oil to the United States

Petrleos de Venezuela, S.A. (PDVSA) reports that it is currently negotiating with the United States for the sale of volumes of oil, within the framework of the commercial relations that exist between the two countries.

This process is carried out under schemes similar to those in force with international companies, such as Chevron, and is based on a strictly commercial transaction, with criteria of legality, transparency and benefit for both parties.

PDVSA reaffirms its commitment to continue building alliances that promote national development for the Venezuelan people and that contribute to global energy stability.

Mazo News Team