After the overthrow of Maduro: Trump promises oil companies a refund of money

upday.com 3 weeks ago
U.S. president Donald Trump announced on Monday in a NBC tv interview that American oil companies will invest in rebuilding the oil sector Venezuela will receive compensation for its contribution. He argued that regeneration of the manufacture could be carried out in little than 18 months.PAP

Donald Trump announced that American oil companies investing in the reconstruction of Venezuelan oil sector would be reimbursed. In an NBC interview, the president of the United States promised that the companies would be compensated "from us or from revenue" for spending in Venezuela. This is the first concrete economical declaration after the intervention of American forces to overthrow president Nicolás Maduro.

Trump stated in an interview with NBC writer Kristen Welker that rebuilding requires immense investments. “It will be essential to spend immense money and oil companies will spend it, and then they will receive a refund from us or from revenue”, the president said. According to his estimates, the expansion of mining capacity will take little than 18 months.

Meanwhile, American oil companies stay skeptical of returning to Venezuela. They fear political risks, possible renationalisation of the sector and low oil prices. After the last wave of nationalization under Hugo Chavez's rule, the only American company operating in the country remained Chevron. Energy secretary Chris Wright is gathering with representatives of oil companies this week, as Bloomberg stated.

New Power in Caracas

After Maduro was removed by the American forces on Monday, the power was taken over by interim president Delcy Rodriguez. The Venezuelan National Assembly has sworn her to the post. Trump stressed that the Secretary of State Marco Rubio maintains good relations with Rodriguez.

On Monday, hundreds of Maduro supporters demonstrated in Caracas, carrying Venezuelan flags and banners as a sign of support for the overthrown leader.

Shots fired in the center of the capital

Residents of Caracas reported shots fired close Miraflores presidential palace. Anonymous White home officials have informed NBC News that the U.S. “follows these reports carefully”, but are not active in events. Venezuelan authorities have not commented on the incident.

Controversy around the opposition

Trump besides commented on opposition leader Maria Corina Machado. He stated that she should not have received the Nobel Peace Prize and denied that her exclusion from the political process was related to the award.

The U.S. president besides revealed that many representatives of the Maduro government wanted to make a deal to remove the leader, but yet chose another solution without their involvement.

MAGA loves it. MEGA loves what I do. MEGA loves everything I do. MAGA is me. MAGA loves everything I do and I besides love everything I do”, Trump said in an NBC interview, responding to criticism of intervention from any of his supporters.

Note: This article was created utilizing Artificial Intelligence (AI).

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