Venezuela Asserts Sovereignty Over Oil and Gas: “Resources Belong to the People”

Venezuelan oil refinery with storage tanks representing the nation’s vast petroleum resources and energy sovereignty. May 12, 2025 Photo:
May 12, 2025 Hour: 5:33 pm
Venezuela’s VP Delcy Rodríguez asserts national sovereignty over oil & gas reserves, rejecting foreign interference. “Energy sovereignty is non-negotiable,” she declares amid US pressure.
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In a recent speech, Venezuela’s Executive Vice President Delcy Rodríguez declared that the country’s energy resources—including its vast oil and gas reserves—belong to the Venezuelan people and must be used for national development and fair international cooperation.
Her statement came in response to recent remarks by US Energy Secretary Chris Wright, who suggested that the Donald Trump administration would seek to influence political change in Venezuela.
Rodríguez stressed that any nation interested in accessing Venezuelan oil and gas must be willing to pay for these resources, emphasizing that the country’s energy sovereignty is non-negotiable.
She warned that the law would prevail against any external attempts to seize natural resources, invoking the legacy of Hugo Chávez, who eradicated what she called “oil colonialism” that once defined US-Venezuela relations during the Puntofijismo era.
The vice president also cautioned against a return to what she described as “the tyranny of the hegemonic economic aggressor,” reaffirming the Venezuelan government’s commitment to defending its strategic resources.
Rodríguez highlighted that Venezuela remains dedicated to a sovereign development model prioritizing its people’s welfare and fostering equitable cooperation with other nations.
This statement underscores the Venezuelan government’s determination to maintain control over its natural wealth amid external pressures while seeking to strengthen economic autonomy and international relations in a complex geopolitical landscape.
Author: MLM
Source: VTV