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Venezuelan President Maduro Slams US Oil Sanctions, Announces New Gas Contracts: Full Details

Venezuelan President Nicolás Maduro said yesterday that the United States “shot itself in both feet” by reimposing oil sanctions on the country, and announced that gas and oil contracts to sign new ones, said AFP, said BTA.

“Mr. President Biden, I think you made a big mistake, you shot yourself in the foot,” Maduro said at a meeting in Caracas with workers from the state oil company Petroleos de Venezuela.

“By trying to harm us, you are harming yourself greatly, because Venezuela will continue on the path and no one will stop us,” said the Venezuelan president. The US announced on Wednesday were imposing sanctions on Venezuela’s oil and gas sector, arguing that President Nicolas Maduro’s government is continuing its policy of cracking down on the opposition before elections president July 28.


The US Treasury Department set a May 31 deadline to “resolve pending negotiations” with Venezuela and introduced a provision that would allow companies that wanted to do business with the country to apply for special permits . About “20 strategic alliance contracts will be signed with 20 new investors, all international, who will start producing oil and gas in Venezuela, we don’t need colonial licenses from the gringos,” said Maduro.

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2024-04-19 10:41:00
#Maduro #Biden #mistake

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