Venezuela is handing over oil fields to private companies for the first time since the 1990s

📆 16/9/2018 4:34 AM
📰 BusinessInsider

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Venezuela has reportedly agreed to hand over at least seven oil fields to private companies to boost oil output. Similar plans were last used in the 1990s before the Chavez era that made PDVSA the one and only operator of oil fields.

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WellingMichael Look: ericfarns 👆👆👆

WellingMichael All the oil deposits of the Orinoco oil belt are National heritage and can't guarantee any negotiation for their exploitation. Those contracts aren't legal for violating our Constitution. Fait par les Socialistes 👹🤘

cchukudebelu Socialism, stupid.

It's pretty much impossible to implement Socialism in a world where governments are a proxy cartel for corporate America with which they can legally sanction Socialist countries from selling oil(95% of Venezuela's economy) in the oil market.

nonso2 LMAOOOOOO, socialism always fails.

Crash the economy. Blame socialism, suck up ever gee Deed thing you can get your private corporation tentacles on. Q told me. Right?

Μα γιατί; PrimeministerGR

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