politics
enero 29, 2026
12 notas sobre el Proyecto de Reforma de la Ley Orgánica de Hidrocarburos
Artículo 1. “…dominio público del recurso, maximización progresiva de la renta, seguridad jurídica, transparencia contractual…”
TL;DR
- New legislation allows mixed and private companies to conduct primary oil activities, previously reserved for the state.
- Private companies are now permitted to directly market hydrocarbons produced.
- The role of the National Assembly in approving mixed companies and their conditions is reduced to mere notification.
- Royalty rates for private companies and mixed companies have been significantly reduced.
- Existing Productive Participation Contracts (CPPs), which previously violated existing laws, are now legalized.
- Critics argue these changes represent a privatization of oil production and a potential loss of state revenue.