Executive Vice President Delcy Rodríguez announced that Venezuela is ready to continue fulfilling contracts with companies whose licenses were revoked by the Donald Trump administration.

Caracas.- In a message published last night on Telegram, Rodríguez reported that Venezuela has maintained “fluid communication” with the transnational oil and gas companies operating in the country and that they were notified in recent hours by the US government “about the revocation of their licenses.” “We were prepared for this situation and are ready to continue fulfilling the contracts with these companies, within the framework of the Constitution of the Republic and Venezuelan laws,” she emphasized.

The minister stated that, as we have always maintained, “international companies do not require a license or authorization from any foreign government, given that Venezuela does not recognize or apply any extraterritorial jurisdiction.” She also reaffirmed that Venezuela is “a reliable partner, and we will continue to fulfill the agreements reached with these companies.”

Rodríguez stated that the Hydrocarbons Engine is activated and the Absolute Productive Independence Plan, ordered by President Nicolás Maduro, “continues its course and will remain open to all national and international investments for the development of this strategic sector.”

In recent hours, international media revealed that Trump revoked the licenses granted to oil companies operating in Venezuela, such as the US-based Global Oil Terminals, the French-based Maurel et Prom, and the Spanish-based Repsol.

The Bolivarian Republic activated the Absolute Productive Independence Plan in early March to address sanctions against the US-based company Chevron. This initiative was ordered by Maduro to ensure that the “hydrocarbon industry and the country’s economy continue their stable and diversified recovery,” a statement said. (PL)