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AB, Venezuela made an agreement on control of 65 billion barrels of oil

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AB, Venezuela made an agreement on control of 65 billion barrels of oil
Photo: reforma.com

Points clés

  • AB company made an agreement to take control of Venezuela's 65 billion barrels of oil reserves.
  • The agreement covers a large portion of Venezuela's South American oil reserves.
  • This development could strengthen the EU's cooperation with Venezuela in the energy sector.
  • The total volume of the oil reserves is stated as 65 billion barrels within the scope of the agreement.

En chiffres

65 billion barrels

The EU company signed an agreement that will take control of Venezuela's 65 billion barrels of oil reserves. This agreement covers a significant portion of Venezuela's South American oil reserves.

The agreement aims to deepen the EU's cooperation with Venezuela in the energy sector. The figure of 65 billion barrels shows the volume of oil to be taken under control within the scope of the agreement.

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Questions fréquentes

What agreement was made between the EU and Venezuela?
The EU company signed an agreement that will take control of Venezuela's 65 billion barrels of oil reserves.
What does the figure of 65 billion barrels represent?
This number shows the volume of Venezuela's oil reserves that will be taken under control within the scope of the agreement.
In which region will this agreement be applied?
The agreement will be valid over the oil reserves located in Venezuela's South American territory.

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