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Venezuela Signs First LNG Export Contract; Focus on Domestic Production

NATURAL GASDEFENSE

Venezuela's acting president, Delcy Rodríguez, announced the signing of the country's first liquefied natural gas export contract, highlighting that oil revenue will fund domestic production and social development through sovereign wealth funds. She reported an increase in oil production to 1.2 million barrels per day and outlined plans for credit access in various sectors, while advocating for a National Committee to defend Venezuela's economic rights in international forums.

Venezuela Signs First LNG Export Contract; Focus on Domestic Production
Jan 19, 2026, 5:05 PM

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