Venezuela is considering withdrawing from the Organization of the Petroleum Exporting Countries (OPEC), in conjunction with negotiations with Washington regarding an agreement that would give the United States long-term access to part of its oil reserves.








Bloomberg quoted informed sources as saying that the idea of ​​withdrawal was discussed with American officials, but it is still under discussion and no final decision has been taken regarding it.

In a parallel vein, sources in the administration of US President Donald Trump reported that an agreement may be signed soon, allowing the allocation of a group of Venezuelan fields for development by American companies, with the resulting supplies guaranteed to the United States.

The two governments are considering adopting a lease contract as a legal framework for the agreement, with an auction or bid to be organized later to distribute the fields to American producers. There were no official comments from the Energy and Petroleum Ministries or the Venezuelan state oil company.

Washington has begun implementing a $100 billion plan to rehabilitate the Venezuelan energy sector, focusing on raising crude production, at a time when exports face obstacles due to aging ports, power outages, and quality problems.

According to shipping data, some tankers are forced to wait up to 30 days to load oil, which limits Venezuela’s ability to quickly increase its exports despite the recovery in production.