Delcy Rodríguez: Venezuela wants to “be a gas-producing powerhouse for domestic consumption and export”

Delcy Rodríguez, Venezuela’s acting president, emphasized that the nation is moving forward alongside important international partners to consolidate its role as a major producer and exporter of oil and gas.

Venezuela’s acting president, Delcy Rodríguez, said on Tuesday, October 27, 2026, that the countries making up the Gas Exporting Countries Forum (GECF) “are indispensable guarantors of humanity’s energy stability and security.”

She also noted that the member countries hold 71% of the world's proven gas reserves and account for 40% of marketed production.

She stated that Venezuela, which has the world's ninth-largest proven natural gas reserves, «is moving forward alongside important international partners to consolidate its role as a major producer and exporter of oil and gas, backed by a new Organic Hydrocarbons Law that offers contractual stability and transparent models for the development of major projects».

During her participation in the 8th Summit of the Gas Exporting Countries Forum, being held in Russia, the acting president asserted that the Caribbean nation wants «to become a gas-producing power for domestic consumption and export».

She also reaffirmed Venezuela's commitment to peace and international law, as well as its resolve to put its energy reserves at the service of global energy balance, South-South cooperation, and the shared prosperity of peoples.

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