Venezuelan interim President Delcy Rodríguez announced the specific parameters of a long-term energy agreement between Venezuela and the United States on Saturday. The announcement follows recent remarks by President Trump, who suggested that a significant portion of Venezuela’s oil reserves would soon fall under majority U.S. control.

According to Rodríguez, the agreement is structured as a 25-year bilateral project. The core objective of the initiative is the development of 17 strategic oilfields located within the country. The stated production target for this partnership is to exceed 1.5 million barrels of oil per day. While the announcement provides a timeline and production goals, it remains the primary source of information regarding the operational oversight and financial distribution of the project. The agreement marks a significant shift in the energy relationship between the two nations, though the full legal and economic implications of the deal have yet to be independently verified or detailed beyond the interim government's statement.