Delcy Rodríguez sets a year-end deadline for the law opening Corpoelec's power grid to private companies

Pacific Coast Energy already runs the fields of two joint ventures whose private partners say they still hold their 40%. What each can claim outside Venezuela turns on its company’s nationality: the Dutch one lost its treaty protection in 2023; the Spanish one keeps it, with ownership that will be hard to prove.

The minimum wage has been 130 bolívares since 2022 and the $240 integral minimum income is paid through bonuses with no salary effect. Under Article 142 of the LOTTT, severance is calculated at 30 days of last salary per year of service, from 1997 for those employed in 2012: moving the bonus into salary recalculates it retroactively. Fedecámaras takes the issue to its October 9 assembly.

Venezuela licensed Dragon to Shell and NGC in 2023 with a 20% royalty and a floor of 45% of gross revenue. Under OFAC's General License 50C, those payments would go to the Treasury fund whose disbursement the State Department decides, and Trinidad and Tobago admits it has no fiscal framework for imported gas. Three scenarios and their signals.