👈Politico reports that Trump’s $100 billion plan to increase oil production in Venezuela has faced serious doubts from industry experts.
According to experts, developing the country’s oil fields could take at least a decade and require hundreds of billions of dollars in investment; this is because many fields lack infrastructure such as pipelines, electricity, and production equipment.
At the same time, questions have been raised about the legal validity of the deal, its political durability, and the capacity of the relatively unknown company involved in the project to manage such a massive plan.
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