nabep

## NABEP’s plan: more oil, more foreign currency?
The news has shaken the energy and financial landscape: the oil company NABEP, backed by the Trump administration, plans to move more than 50 drilling platforms to Venezuela over the coming years. According to internal documents, six rigs would arrive by the end of 2026, twelve more during the following year, and two additional ones per month starting in 2028, until reaching a total of 52. This initiative aims to boost Venezuela’s battered crude oil production, which today is around 1.2 million barrels per day—far from the 2.5 million extracted in 2014.

📌 More oil, more dollars? Reading from the P2P
When petroleum in Venezuela is discussed, the P2P market and the exchange rate are always on the lookout. The news that North American Blue Energy Partners (Nabep) will operate 17 wells – 9 in Zulia and 8 in the Orinoco Oil Belt – is not only a matter of energy geopolitics. For those of us who move USDT every day, any sign of an increase in crude production turns into expectations about the arrival of more foreign currency into the country.