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🇻🇪 Venezuela /Energy & Infrastructure

Diosdado Cabello Defends Energy Deals with International Companies

From El Nacional · () Spanish

Translated from Spanish and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Context piece
  • Venezuelan Interior Minister Diosdado Cabello defended energy agreements signed by the interim government with international companies amid criticism from opponents.
  • Cabello said oil operations comply with Venezuela's Constitution, hydrocarbons law and investment rules.
  • He questioned opponents who previously called for higher oil production but now reject the agreements.

Diosdado Cabello defended the Venezuelan government's energy agreements with international companies, arguing that using the country's oil wealth does not undermine sovereignty. The interior minister, speaking on his program Con El Mazo Dando, addressed criticism of the deals signed by the interim government.

“If sovereignty means having oil beneath the ground and not using it, then they are right. But if it means using Venezuela's natural resources to generate wealth for our people, then we are sovereign with our oil,” Cabello said.

If sovereignty means having oil beneath the ground and not using it, then they are right. But if it means using Venezuela's natural resources to generate wealth for our people, then we are sovereign with our oil.

· Diosdado CabelloCabello argued that exploiting Venezuela's oil resources can itself be an expression of sovereignty.

He rejected questions about the agreements' legality and said oil operations were being carried out under Venezuela's legal framework. “We are respecting the Constitution, respecting the laws, respecting the Hydrocarbons Law and the reforms that were made to it,” he said.

We are respecting the Constitution, respecting the laws, respecting the Hydrocarbons Law and the reforms that were made to it.

· Diosdado CabelloHe defended the legal basis of the oil agreements.

Cabello added that officials had also taken into account investment rules approved during the tenure of the national constituent assembly. He challenged opposition sectors that, he said, had previously demanded increased oil production and the use of Venezuela's available reserves but now oppose the agreements.

“What is strange, very strange, is that those who until recently were asking for that now do not want it for Venezuela,” he added.

What is strange, very strange, is that those who until recently were asking for that now do not want it for Venezuela.

· Diosdado CabelloCabello criticized opponents who previously supported higher oil production.
About this summary

Originally published by El Nacional in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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