The President of the United States also said that he ‘did not like the response’ given by the company that it is ‘impossible’ to invest in the South American country without ‘significant changes’
The President of the United States, said on Sunday (11) that he is “inclined” to leave ExxonMobil “out” of the group of oil companies with which he negotiates investments in Venezuela. The Republican also declared that he “didn’t like the response” given by the company’s executive director, after the North American leader asked oil companies to invest at least US$100 billion in the reconstruction and expansion of the Venezuelan oil sector.
“They are pretending to be innocent,” Trump said of the company’s position. .
On Friday (9), the Republican met with leaders of oil companies. During the meeting, the company’s executive director at the moment. According to Woods, “significant changes” are needed in the South American country.
“We need lasting protections for investments and changes to hydrocarbon laws in the country,” said the executive director. Despite the consideration, Woods stated that he will send a team to to assess the situation.
At the time, the executive director also explained that ExxonMobil assets were confiscated twice in Venezuela. “You can imagine that re-entering a third time would require quite significant changes,” he declared. The company left the country 20 years ago after the nationalization of oil production assets. Since then, the It is the only one in operation.
