president in charge of Venezuela • International • Forbes Mexico

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The president in charge of Venezuela, Delcy Rodríguez, assured this Tuesday that the income from the sale of oil will be used for the recovery and restructuring of the country’s health system, despite the warning from the United States that it will control the sale of crude oil for an “indefinite” period and that it will deposit the income from these transactions in accounts managed by Washington.

In a brief speech broadcast on the state channel VTV, Rodríguez indicated that he is working on a special plan for the health area – affected by years of crisis – and that the first commitment is that every dollar that enters Venezuela from the oil and gas industry goes to meet the requirements of the health system.

In addition, he said that with this plan there are already 75 health centers that will be equipped with “revenues from oil.”

On January 7, the US Secretary of Energy, Chris Wright, assured that his country will control the sale of Venezuelan oil for an “indefinite” period and will deposit the income from these transactions in accounts managed by Washington.

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At a conference in Miami, the secretary then said that he is “working directly in cooperation with the Venezuelans,” following the announcement previously made by US President Donald Trump that Venezuela will deliver between 30 and 50 million barrels of oil to the United States for marketing.

Wright pointed out that Washington will allow the sale of Venezuelan crude oil to US refineries and international markets, but specified that “those sales will be made by the US Government and the funds will be deposited in accounts controlled by the US Government.”

On January 9, Trump offered in a meeting at the White House with the executives of the world’s major oil companies “long-term government protection and security” for national and international oil companies and urged them to invest in Venezuela.

Trump then assured that the plan is for American oil companies to invest “at least $100 billion of their own capital, not the Government’s money,” to revitalize infrastructure in the Caribbean country and, over time, increase oil production.

The US president also invited China and Russia to buy all the Venezuelan crude oil managed by Washington “that they need.”

With information from EFE

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