Venezuela Deals With Chevron, GE Vernova and Eni Will Bring “Prosperity,” Washington Says
Translated from French and summarized by DistantNews. Read the original for the full story.
At a glance
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New plan
- Venezuela signed agreements with US companies Chevron and GE Vernova and Italy's Eni in Caracas.
- US Energy Secretary Chris Wright said the deals could attract tens of billions of dollars in investment and eventually create thousands of jobs.
- Wright described the agreements as a foundation for peace, opportunity and prosperity in Venezuela.
Venezuela signed a series of oil agreements with Chevron, GE Vernova and Italy’s Eni on Wednesday, deals Washington says could open the country’s reserves to major investment.
US Energy Secretary Chris Wright supervised the signing ceremony in Caracas. Venezuelan President Delcy Rodriguez attended the event as the agreements were concluded.
Peace and prosperity
Wright called the deals a basis for “peace and prosperity” in Venezuela. He said they represented tens of billions of dollars in investment and could eventually generate thousands of jobs.
“I am convinced that the agreements signed today, representing tens of billions of dollars of investments and, ultimately, thousands of jobs, are essential to set in motion a dynamic of peace, opportunities and prosperity for all in Venezuela,” Wright said.
I am convinced that the agreements signed today, representing tens of billions of dollars of investments and, ultimately, thousands of jobs, are essential to set in motion a dynamic of peace, opportunities and prosperity for all in Venezuela.
About this summary
Originally published by Le Figaro in French. 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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