politics
enero 30, 2026
Nuevo modelo de negocios en la industria petrolera venezolana
La reforma parcial de la LOH representa un cambio de paradigma en la política petrolera venezolana y da inicio a un nuevo modelo de negocios en las empresas mixtas. La nueva ley se aleja del modelo de control estatal para promover la inversión privada nacional y extranjera en la industria petrolera nacional.
TL;DR
- The reform modifies the LOH to allow private entities, not just the state, to engage in primary oil activities (exploration and extraction) via Productive Participation Contracts (CPP).
- It streamlines the approval process for mixed companies, giving the Executive more discretion in contractual terms.
- Private companies gain the right to directly market crude and associated gas, and operators can assume total field management.
- Royalties can be reduced from 30% to 15-20% based on project viability, and tax regimes are adjusted to incentivize investment in difficult extraction areas.
- The reform introduces International Arbitration clauses, allowing disputes to be resolved in international tribunals, and modifies asset reversion criteria to ensure investor capital recovery.
- Critics argue the reforms favor transnational oil companies, potentially leading to denationalization and weakening state control over hydrocarbon reserves.