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FX Daily Updates
Venezuela expects $1.4 billion investment in oil production sharing contracts, Rodriguez says
georgemiller
Publish Date: Tue, 27 Jan 2026, 00:12 AM

CARACAS, Jan 26 (Reuters) - Venezuela's interim President Delcy Rodriguez said on Monday the country expects about $1.4 billion in investment this year in projects under oil production sharing contracts promoted by the government, compared with some $900 million last year.
Rodriguez spoke to oil executives, lawyers and lawmakers at state company PDVSA's Caracas headquarters during the discussion of a proposed reform of the country's main oil law, which would incorporate the output sharing contracts.
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https://www.reuters.com/business/energy/venezuela-expects-14-billion-investment-oil-production-sharing-contracts-2026-01-27/