Delcy Rodríguez described as «an harmful and inexplicable decision» revocation of oil licenses to Venezuela

Venezuela said Wednesday that, with The decision of the US president, Donald Trump, to end the licenses for the export of oil of the country -consisted of his predecessor, Joe Biden, and who benefited the oil company Chevron -, «in reality a damage to the United States, to its population and its companies, is actually being inflicted.

EFE

Through Telegram, the Vice President of the Republic and head of Hydrocarbons, Delcy Rodríguez, described as «harmful and inexplicable» the measure, with which, in addition, according to the official, the US legal certainty is questioned in its international investment regime. «

These licenses will cease to be in force as of March 1, Trump explained, who criticized the «regime» of Nicolás Maduro for not having accelerated the deportation of the «violent criminals» that, according to him, Caracas sent to the US and that they should have been repatriated «at a fast pace.»

Trump made the announcement through a message in his social network Truth Social, in which he criticized the «regime» of Nicolás Maduro for not having accelerated the deportation of the «violent criminals» that, according to him, Caracas sent to the United States and that they should have been repatriated «at a fast pace.»

In his publication, the president said he had decided to revoke the concessions granted in November 2022 by the Biden government, which allowed Chevron to increase their production in Venezuela and export oil from the South American country.

At that time, the Biden administration authorized oil exports with the hope of getting guarantees for the elections that Venezuela celebrated in July last year and in which Maduro was proclaimed winner, although many countries – including the United States – consider that the winner was the opponent Edmundo González Urrutia.

«We are reversing the concessions that the corrupt Joe Biden granted to Nicolás Maduro, of Venezuela, in the Agreement on Petroleum Transactions of November 26, 2022, as well as those related to the electoral conditions within Venezuela, that the Maduro regime has not fulfilled,» Trump announced.

The president also assured that he had ordered that the agreement end «as of March 1, without renewal option.»

Under the terms of the current license, granted by the Biden government, Chevron had allowed to operate in Venezuela until the end of July, so Trump’s decision advances the cessation of the activity in several months.