An Iranian seeks to attract $2 billion to invest in Venezuelan oil

Moshiri’s Amos Global Energy Management is in talks with institutional investors to raise money for several investment opportunities it has identified in Venezuela, Energy Press reported.
The U.S. military invasion of Venezuela and the kidnapping of President Nicolas Maduro, and statements by President Donald Trump and Secretary of State Marco Rubio that U.S. oil companies are very interested in rebuilding Venezuela’s oil industry, have the oil sector excited about new opportunities in the country, which has the world’s largest proven oil reserves estimated at more than 300 billion barrels.
“We’re going to bring in our very large American oil companies, the largest anywhere in the world, spend billions of dollars, repair the badly damaged infrastructure, the oil infrastructure, and start generating revenue for the country,” Trump said on Saturday, shortly after Maduro’s capture and transfer to the United States.
Tags:oil
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