President in charge: Oil sector projects investment of 1.4 billion dollars by 2026

Published at: 26/01/2026 08:39 PM

This Monday, January 22, the president in charge of the Republic, Delcy Rodríguez, reported that a projection of 1.4 billion dollars is estimated for this year 2026, with the objective of continuing to promote and strengthen the Hydrocarbon Engine.

He assured that this will be a great transformation for 2026, since, in 2025, the investment was almost 900 million dollars, “going from being the country with the largest oil reserves on the planet, to being a giant hydrocarbon producer”.

He also pointed out that “history sometimes pushes us”, referring to being in charge of the Presidency of the Republic, in an unprecedented circumstance for the country.

“History obliges us, because today, there is an obligation to the country, to guarantee the future, the social and economic happiness of the Venezuelan people,” he said.

In addition, the president in charge recalled that although Venezuela has been under an illegal blockade for more than a decade, it can still have a private sector that “has the companies of the Venezuelan State articulated in a policy, so I believe that this deserves applause for all workers in the oil industry.”

Mazo News Team