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Trump Grants U.S. 35% Stake in Venezuela Energy Deal

By Drooid · · How we work

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Story summary
  • President Donald Trump invited Venezuela to the G20 energy ministerial in Houston, Texas.
  • Venezuela’s hydrocarbons minister Paula Henao and PDVSA executive Jovanny Martínez will attend the meeting.
  • Trump announced a deal giving the United States a 35% equity stake in North American Blue Energy Partners.
  • The deal also grants the United States the right to buy 20% of Venezuela’s crude at cost.
  • U.S. officials confirmed a Russian government representative will attend the Houston energy ministerial.