Venezuelan opposition calls on US to cancel oil company licenses to pressure Maduro

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Venezuela News

Nicolas Maduro,United States Government,General News

Venezuela’s main opposition coalition has urged the U.S. to cancel licenses for Chevron and other energy companies. The coalition aims to pressure President Nicolás Maduro to negotiate a transition from power. An adviser to Edmundo González Urrutia’s campaign made the appeal Monday.

FILE - Gas is flared at the Jose Antonio Anzoategui oil complex in Barcelona, Anzoategui State, Venezuela, Tuesday, Jan. 9, 2024. MEXICO CITY — Venezuela’s main opposition coalition on Monday called on the U.S. to cancel the licenses that allow, who represented the Unitary Platform coalition in the July 28 election, and his main backer, opposition leader Maria Corina Machado.

Chevron’s license was issued in 2022 after Maduro and the opposition coalition jumpstarted a negotiation process. In October, the Treasury Department granted Venezuela a broad reprieve from sanctions after Maduro and the opposition agreed to work to improve electoral conditions ahead of the 2024 presidential contest. But as hopes for a democratic opening faded, the Biden administration

De la Cruz said the González-Machado campaign wants “to find common ground” with oil companies. But, he said, their presence in Venezuela at the moment give Maduro the ability to try to “normalize … de facto dictatorship that he is trying to set up in Venezuela.

 

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