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Venezuela expects $1.4 billion investment in oil production sharing contracts, Rodriguez says

ReutersJan 26, 2026 11:55 PM

- Venezuela's interim President Delcy Rodriguez said on Monday the country expects about $1.4 billion in investment this year in projects under oil production sharing contracts promoted by the government, compared with some $900 million last year.

Rodriguez spoke to oil executives, lawyers and lawmakers at state company PDVSA's Caracas headquarters during the discussion of a proposed reform of the country's main oil law, which would incorporate the output sharing contracts.

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