
Venezuela, Jan. 8. - Venezuela's state-owned oil company, PDVSA, announced that it is currently conducting negotiations with the United States for the sale of oil volumes, within the framework of the commercial relations existing between the two countries.
According to a statement issued by the Venezuelan company this Wednesday, the process is being carried out "under schemes similar to those in effect with Chevron and is based on a transaction that is "strictly commercial, with criteria of legality, transparency, and benefit for both parties."
On Tuesday, U.S. President Donald Trump announced that Venezuelan authorities will "deliver" between 30 and 50 million barrels of oil to Washington to be sold at market prices.
"I am pleased to announce that the interim authorities of Venezuela will deliver between 30 and 50 million barrels of high-quality, sanctioned oil to the United States," he posted on the social network Truth Social.
He also assured that the sale will be conducted at market price and that the proceeds will remain in his hands, "to ensure they are used for the benefit of the peoples of Venezuela and the United States."
For her part, the acting president of the Latin American country, Delcy Rodríguez, reaffirmed the country's sovereignty in the face of imperialist aggressions during a meeting of the agri-food sector, where she outlined the economic roadmap of the Bolivarian nation.
Before being kidnapped on the orders of Donald Trump, constitutional President Nicolás Maduro stated that Venezuela was "ready" for U.S. investments like those with Chevron, "whenever they want, wherever they want, and however they want."
Venezuela has the largest oil reserves in the world, estimated at around 300 billion barrels, representing approximately 17 percent of the world's known oil reserves.
According to the Organization of Petroleum Exporting Countries, Venezuela currently produces around one million barrels of crude oil per day, although the country has been forced to reduce its exports due to sanctions and the embargo imposed by Washington on Caracas, which worsened since the implementation of the U.S. military blockade in the Caribbean Sea at the end of August 2025. (Text and Photo: Cubasí)