United States: Oil executive recognizes negative impact of sanctions imposed on Venezuela in 2019

teleSUR English

A Halliburton representative publicly admitted that the company’s withdrawal from Venezuela was directly caused by the unilateral coercive measures imposed by the Trump administration in 2019. The recognition came during a high-level meeting between President Trump and top U.S. energy executives, where they discussed overseas investment conditions. When asked about the corporation’s exit from Venezuela, the executive confirmed it coincided with the implementation of sanctions. This testimony reinforces arguments that the sanctions restricted the expansion of Venezuela’s energy market and forced the dismantling of U.S. corporate infrastructure in the country.    #teleSUREnglish #UnitedStates #Halliburton #Venezuela #Trump #OilIndustry

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00:00Meanwhile in the United States, a Halliburton representative publicly admitted that the

00:05U.S. oil companies withdrawn from Venezuela was caused by the unilateral coercive measures

00:10imposed by the Trump administration in 2019.

00:13The recognition took place during a high-level meeting between President Trump and the top

00:18executive of U.S. energy companies, where they discussed the overseas investment landscape.

00:24When the President asked the executive about the corporation withdrawn from Venezuela,

00:28he said it happened at the same time that the sanctions took effect.

00:32The testimony strengthens the argument that the sanctions limited the Venezuela energy

00:36market expansion and forced U.S. corporate infrastructure dismantling.

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