#venezuelaussign25yearoildeal — Details of Rodriguez’s terms
Caracas (30 August 2026) — Acting President Delcy Rodríguez has set out a 25-year energy deal with the United States, opening Venezuela’s oil fields to American capital — a response/follow-up to Trump’s claim on Friday that the United States is “exercising majority control” over 17 strategic fields, according to Drop Site.
Key terms: 17 fields (~65 billion barrels) + 8 sectors in the Orinoco Belt, aimed at producing 1.5 million barrels/day or more at a royalty rate of 16% / a 34% tax rate; Venezuela receives the equivalent of ~$19 per barrel, with expected tax revenues of $209 billion or more and investment of $100 billion or more. According to the WSJ via AV, the United States is presumed to receive a 55% share (the Pentagon as a co-owner rights partner) versus 45% with NABEP, in addition to 20% entitlement rights.
Conclusion: Both sides are presenting the deal as a win — Washington gets long-term access at low prices, and Caracas gets capital — but without publishing the agreement, it remains only a handshake on paper. Economic from Houston: “Lucy will pull the football again when Trump leaves office.”
Figures according to news reports; X posts are analytical opinions and not confirmed facts.
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