Venezuela is currently producing some 850,000 barrels per day (bpd) of oil and hopes to soon reach 1 million bpd, the country's deputy oil minister, Erick Perez, said on Wednesday, following the temporary lifting of U.S. sanctions on the nation.

CARACAS, Nov 22 (Reuters) - Venezuela is currently producing some 850,000 barrels per day (bpd) of oil and hopes to soon reach 1 million bpd, the country’s deputy oil minister, Erick Perez, said on Wednesday, following the temporary lifting of U.S. sanctions on the nation.

Washington in October issued a license allowing Venezuela to export oil, gas and fuel to its chosen markets through mid-April as a way to encourage negotiations for a fair presidential election next year. The measures could be reverted.

  • SeaJEnglish
    42·
    10 months ago

    He was overthrown for like two days. He has also been dead for 10 years. The US did try to overthrow Maduro but I do not even think Guaidó even maintains that façade that he is president anymore.

    • Maeve@kbin.social
      21·
      10 months ago

      Yes, I’m aware it’s been a long time. I’m also aware Guaidó has a teaching* position at a Florida university.

      Corrected.