politics
enero 30, 2026
Qué cambia en Venezuela con la reforma de la Ley de Hidrocarburos
Un cuarto de siglo después de que Hugo Chávez pusiera en marcha un polémico proceso de estatización de la industria petrolera en […]
TL;DR
- Venezuela has reformed its Hydrocarbons Law to permit private national and foreign participation in oil exploitation.
- This reform reverses policies of nationalization and expropriation that began with Hugo Chávez.
- The State's role in the oil sector can now be minimized, with the private sector able to produce and export crude.
- This change signifies a departure from Hugo Chávez's oil sovereignty model.