Venezuela announced new contracts with U.S. oil trading companies

See-saw at an oil station in Maracaibo (Venezuela). Photo: Henry Chirinos/EFE

Venezuela announced new contracts with U.S. oil trading companies

TL;DR

  • PDVSA has signed new supply contracts for oil and derivatives with U.S. commercializing companies.
  • The agreements aim to ensure energy supply and maintain historical commercial relations between Venezuela and the U.S. market.
  • Venezuela reiterates its commitment to the stability of the international energy market and its role as a reliable supplier.
  • The nation calls for an oil industry free from sanctions to enhance national production and international trade.
  • The announcement comes amid a global energy market reconfiguration and seeks stable destinations for Venezuelan exports.