- 7 weeks ago
The Acting President of the Bolivarian Republic of Venezuela, Delcy Rodriguez, and other government officials, met with the delegation from the United States led by Energy Secretary Christopher Wright, to sign comprehensive agreements with the U.S. and energy companies. teleSUR
Category
🗞
NewsTranscript
00:01Hello, you're watching Telesur English. We are now at the Miraflores Palace in Caracas, Venezuela.
00:06As the Acting President of the country of the Bolivar Republic of Venezuela, Delcy Rodriguez,
00:12is holding an official meeting with the United States Secretary of Energy, Chris Wright.
00:18Let's recall that the United States Secretary of Energy has arrived in Caracas on Tuesday
00:26with the purpose of advancing petroleum negotiations and agreements between both nations.
00:33The visit includes working meetings aimed at evaluating energy infrastructure,
00:39also reviewing investment schemes and monitoring bilateral agreements in the hydrocarbon sector.
00:44This institutional deployment is part of the technical talks agenda held by the delegation
00:51to define joint energy operations and production.
00:55Let's recall that at this moment the Acting President of Venezuela was holding an official meeting
01:02with the United States Secretary of Energy, Chris Wright, in the context of the binational energy agreement
01:09between the United States and Venezuela.
01:12As we are watching these images of the Acting President of Venezuela, Delcy Rodriguez,
01:18as she is working toward the Miraflores Palace with Chris Wright, the United States Secretary of Energy.
01:27They were holding meetings in the context, as we were saying, of the bilateral energy agreement between the United States
01:35and also the government of Venezuela. As we are watching, they are entering also the Presidential Room, where he is
01:44being welcomed.
01:44Also, they are in a meeting, in an official meeting. As we are watching, they are going to have seats.
01:52They are holding also discussions in this context of the binational agreement between Venezuela and the United States.
02:04Let's recall that one of the main objectives of this agreement is to rebuild the infrastructure of the Venezuelan oil
02:11industry
02:12and progressively increase production until reaching 1.5 million barrels per day.
02:18The strategy also seeks to generate new sources of revenue for Venezuela by increasing energy activity.
02:27Also, this agreement positions Venezuela as a strategic partner for the North American nation while simultaneously placing the Bolivarian nation
02:37in the global geopolitical spotlight.
02:39Also, this agreement seeks to generate new revenue sources for Venezuela and advance cooperation and investment projects in the energy
02:51sector under the principle of respect for the country's sovereignty.
02:58Also, the President Donald Trump to meet Tuesday. The United States President Donald Trump also meet on Tuesday with the
03:06White House top executives from the country's main oil refineries with its framework of this recently signed energy agreement with
03:16Venezuela.
03:17Also, Trump has distilled this meeting as the White House works to increase Venezuelan oil to United States refineries with
03:31the goal of expanding supply and helping lower gasoline prices,
03:35which currently average over $4 per gallon due in part to United States aggression against Iran.
03:43The outcome of this meeting will define how the Venezuela crude will be channeling to U.S. refineries and what
03:52incentives and guarantees will be offered to maximize its use.
03:59Let's recall that at this moment, the Acting President of Venezuela is holding an official meeting at the Miraflores Palace
04:09signing agreements with the United States Secretary of Energy.
04:13Chris Wright, Chris Wright, as we were talking, he arrived in Caracas this Tuesday with the purpose of advancing petroleum
04:22negotiations and agreements.
04:24At this moment, they will be signing agreements also the Chevron Enterprise.
04:31At this moment, this is an understanding agreement on also the recognizing of conformity of the mixed enterprises.
04:43They are looking to expropriate also the Venezuelan corporation of petroleum.
04:52He was signing. This is a signing between Chevron and the Venezuelan corporation of petroleum.
05:01This is a signing of agreements between the United States corporation and with Venezuela's corporation as part of this aiming
05:15of fuel against the hydrocarbon sector in Venezuela.
05:21As we are watching, they are signing an agreement of transition.
05:32These two, this also at this moment, the PDVSA, the Venezuelan corporation petroleum company, PDVSA, will be signing with the
05:44Italian enterprise of any day.
05:47At this moment, we can see the representative from any Italian part.
05:52He is signing this agreement of cooperation with the Venezuelan corporation of petroleum at this moment.
06:02As we are seeing, they are delivering him the papers, so this work agenda in this energetic sector between Venezuela
06:15and several countries and several companies.
06:20We are watching now that the representative from PDVSA, the Venezuelan corporation of petroleum, is signing also this agreement.
06:33He is also signing this as part of this cooperation.
06:42As we are watching, this is the meeting between the acting president of Venezuela, Delcy Rodriguez, and also with the
06:52United States Secretary of Energy, Chris Wright.
06:56They are at this moment signing several agreements of cooperation with companies.
07:03Let's recall, this is the signing of an agreement with Italian enterprise of any end just a few minutes ago.
07:12Also, the Venezuelan corporation of petroleum was signing an agreement with Chevron.
07:19This is also another agreement of participation as we are seeing from PDVSA and the Italian enterprise any.
07:33As we were watching, we can see this is part of the Venezuelan government efforts to rebuild the infrastructure of
07:45the Venezuelan oil industry.
07:47And also progressively increase production until reaching the 1.5 million barrels per day.
07:55And also for the exploitation of these natural resources.
08:00Let's recall that yesterday, on Tuesday, in the National Assembly of Venezuela was signed also the recognition of approval with
08:12all the Venezuelan National Assembly
08:15for this agreement signed by the United States and Venezuela.
08:22This is another agreement that has just been signed in the field of natural gas.
08:28They are also signing of participation and also the Primavera Enterprise and PDVSA with also in the exploitation of hydrocarbons.
08:45As we were also talking about the Venezuela's national assembly during an extraordinary session, it was approved the recognition of
08:54approval of all the national assembly to this binational agreement between the United States and Venezuela.
09:02And also the President of the National Assembly, Jorge Rodriguez, was informing during the extraordinary session that Venezuela aims to
09:13boost also this industry as the principal part of the economic growth for Venezuela.
09:24The National Assembly in this regard determined that this agreement will be an instrument that will significantly impact the country's
09:34continued economy recovery, capital investment and technological development.
09:40In this regard, also this, they are signing between the General Electric and with PDVSA, the Venezuelan Petroleum Anonymous Society,
09:57they are signing also a participation contract with another company.
10:05This is another of the agreement in this day of work and an agreement of strategic alliance with the Venezuelan
10:18government, Venezuelan Petroleum Company, Anonymous Society.
10:23We were talking that these are efforts also from the Venezuelan government to boost this hydrocarbon, petroleum and also natural
10:34gas industry at this moment.
10:38They are signing several agreements.
10:41These are new alliances in a matter of energetic alliances for Venezuela.
10:48We were talking that we were talking this very important part for the company and also an energetic alliance from
10:58the from this is a new agreement in the matter of energetic cooperation.
11:05Also, as we were watching at this moment, this will be an agreement with the National Electrical Corporation Corpoelec with
11:20and also with the Enterprise General Electrics for the improvement of the energetics for the national energetic system.
11:34As we are watching that they have manifested in several encounters that this is very important.
11:44As we are watching new agreements signed in this also during this signing of agreements.
11:54They are also signing another agreement for the development between PDVSA and also this will be an agreement for the
12:12study and exploitation and also for the enterprise as been holding with the Venezuelan Petroleum Company.
12:26This is the executive director of the aspect holding enterprise.
12:32They are signing an agreement for exploration works with the Venezuelan Petroleum Company Anonymous Society PDVSA.
12:43These are at this moment several agreements signed several agreements signed at this moment.
12:55And in the Emirat Flores Palace as the acting president of Venezuela is also holding this session of signing agreements
13:06between the several companies of Venezuela in the matter of energy.
13:11The development of the development of Venezuela and international partners as part of the energetic boosting and also from the
13:21hydrocarbons and also industry of the petroleum as the acting president and the government has informed.
13:30They are looking to reinforce these agreements.
13:45They are looking to reinforce these agreements.
13:46Let's hear right now as we are watching President Delcy Rodriguez, Minister of Hydrocarbons Paula Hanau, General Secretary of the
14:09United States,
14:10President Delcy of the United States, President Delcy of the United States and from the Italian Republic.
14:22Dear delegates, it's for me a honor to be here present to celebrate the signing of a participation contract in
14:34five projects.
14:35This ceremony marks a myth to initiate in the growing a new confidence in the energetic sector of Venezuela.
14:49These agreements are months of intense dialogue, cooperation that shares the same objective.
15:01It means a faster growth of the consolidation and the resources of Venezuela.
15:13That will be to express our gratitude to the government of the Bolivarian government of Venezuela for its compromise
15:22and also to construct this association and grow in this process.
15:30In the last month, in April, when we signed this agreement,
15:38we have worked showing a mutual respect to establish the necessary mark to advance in one of the energetic projects
15:50most important of the country and also for our enterprise.
15:55So I want to express my profound gratitude to Secretary Chris Wright and to the government of the United States,
16:07including the Council of Energetic Dominion for their support has been essential to reactivate in these energetic agreements to benefit
16:24the people of Venezuela and the future of the country.
16:28And I wanted also to transmit my because we have done the did everything in two months.
16:36Generally, this can take years.
16:38But the work with the institutions of Venezuela and the private sector, we could do something historic.
16:51And they are opening a splendid future for Venezuela in this sense.
16:56I am very thankful for your efforts and for also the efforts you have done.
17:05This is just the beginning of a very long history.
17:11It is not required only to sign a document, but it is also need to product of barrels, investments.
17:20And this is not just more than the first steps.
17:27We have big confidence in this country.
17:32Today is a celebration day, but we want to send a sentiment of greeting to the families and the Venezuelans
17:46that were affected by the two earthquakes.
17:49Our strategy, as you worked, is a demonstration of solidity and also confirm once again that we have faith in
18:01this country
18:02because you always react in a faster way, in a strong way, in the face of any event.
18:16This ceremony of sign-in sends a solid message.
18:21We are here. We have been here for more than 30 years.
18:26As you know, good.
18:28We have been here in the good and not so good times.
18:37And today, we are also injecting gas to the people of Venezuela.
18:46There is a comment in the production that we have until now that it is a giant of more than
18:5425 gas.
18:57We have Koro Koro that also has helped a lot.
19:03And there are enormous potentialities that has more than 35 resources into.
19:18And the recovery factor can be from 3 to 60 and have millions and millions of resources.
19:30We have also to see the development plan in October so we can initiate the first phase in December.
19:37But after this, after this signing, we are going to start immediately.
19:43Tomorrow, we are going to begin to perforate the first also to demonstrate that we can achieve our goal.
19:55That is one million barrels per day because it is a gigantic goal.
20:00But I think we are going to be able to duplicate this position.
20:05We have a gigantic responsibility and we want to share it with you because you have helped us to stay
20:12together.
20:13Together until the end of this beautiful project.
20:17Again, thank you so much for your effort and your presence and you can count on us.
20:23Thank you very much, Carl Audio Descalzi, the Executive Director of the Italian Enterprise.
20:30And we continue hearing also that the Executive Director of Chevron will be also delivering a statement in this moment
20:42at the Miraflores Palace in the signing agreements.
20:46Let's hear at his declaration.
20:54For more than a century, Chevron has been part of the story of Venezuela.
20:59That story is so important at this moment.
21:03The agreement of today is very important, Mark, to us, to the country and for the people of Venezuela.
21:11We reflect the progress throughout Solidarity and also create the opportunity to allow the growing and development.
21:23Together with our partners, we want to invest more than $7,000 million so we can have more than 500
21:32barrels per day.
21:36I want to thank the acting president, Delci Rodriguez, and Venezuela for the steps that she has done to improve
21:44the petroleum field in Venezuela.
21:50This is also the active participation between the government and the industry.
21:55I will also thank the Secretary and the Department of Energy and the government for leadership so they created the
22:05opportunities for the signing of these agreements.
22:08This helps to have more confidence in that the technology and experience of our workers will be in the long
22:16term.
22:17I will also thank the employees of Chevron, Venezuela for the compromise throughout several years has helped that this opportunity
22:27is possible because your experience will be essential for our future here.
22:31The world needs, in the most confident way, in Venezuela for its extraordinary resources and with its talented people.
22:44So that's why we are here just to sign an agreement but also to build a century that will produce
22:53energy and progress and also get our Chevron has been in the past of Venezuela.
23:01We have, we are investing in their present and together we are going to help build a future.
23:08Those were words, the, he was from Chevron Corporation.
23:19Now let's hear statements from the General Electric Corporation representatives present at this moment in the Miraflores Palace in Caracas,
23:29Venezuela.
23:32It's an honor to see you here and to also see your excellent team, Secretary White.
23:40Thank you so much for your delegation to organize this travel and for everything that has been generated in this
23:47very important day.
23:50In our company we help to produce 20% of the, 20% of the energy of the world.
23:57What we want to do is to generate electricity to the communities so everyone can prosper.
24:03The electricity is in the center for the people who can have prospered lives.
24:08So when we see Venezuela, I see people, children with so much energy.
24:13I want them to go to their houses in the night so they can turn lights off because they have
24:20the best, best opportunities, economical opportunities.
24:24I want them to have access to transport, the infrastructure and the electricity is in the center of everything.
24:30That's why we are here. This is our mission. So that is very important to us.
24:35Because with the agreements that we have signed, we will continue to advance, to stabilize and also to restore the
24:41electrical grid for these people and for everyone that wants to do business here.
24:46And we have two very important parts of this agreement. We thank so much PDVSA and Corpoleg for this association.
24:53So we can, so we had achieved this progress.
24:56But that is something that it is very important that we need for the electricity to be, to be available
25:02for everyone more quickly.
25:03For that the elections also can be so quickly. This is our first work.
25:11But the second part of the agreement that you doesn't pay attention very often is who it is going to
25:18do it.
25:19It is going to be the United States that is going to put this net.
25:27This is very important that from the first day we go to hard work.
25:32We require more people to establish this electrical grid.
25:36So that's why Venezuela will generate the work force so that everything can function.
25:44This is a big part of our mission and so we can return those kids that I mentioned at the
25:51beginning.
25:52This is the future of the energy and we are going to be here trying to inspire them in their
25:59education so they can be in this optimistic future of Venezuela.
26:04The last time we were here was in June, was the week before of the earthquakes.
26:12We have been working to save those children.
26:14We have contributed with more than 40,000 people so they can have access to the resources that they need
26:22and we will continue working within Secretary Wright.
26:25I wanted to thank you and also for the Department of Energy to the Energetic Council.
26:34I have never seen a strong association when we return to the United States we always continue the conversation of
26:43the advances so we can continue working.
26:47I thank you so much again the acting president because you have brought us here.
26:53We cannot wait to start working in the field. Thank you so much for the opportunity.
27:00Those were also words from Alex Grambach's founder and executive director from the enterprise aspect energy.
27:13These are, this is a very...
27:40We are very thankful to be here with you, with this private corporation and all that we have produced.
27:54All that we have did in associations with the engineers, scientific engineers, we have two messages.
28:06One, just 100 years ago where people that came here to Venezuela with the hope of also achieving something new.
28:15They saw a marvelous industry, an industry of big petroleum resources and today we are back with the same spirit
28:23of exploration.
28:25Also the discovering, the discovering hasn't finished in Venezuela.
28:29They are, these are excellent resources and also in other parts of Venezuela and there are very new resources that
28:37we can discover.
28:38Our agreement will allow us to study these fields in Venezuela so we can work and also to see the
28:46potential of exploitation that we have.
28:51Together with PDVSA in the last months let's have in mind that we have an excellent and we have learned
28:59so much from them.
29:00And we are going to bring so much to this argument, knowledge and also for the risk of the capital
29:08and investment.
29:10We have seen, we have did the same in several countries and we are very, want to transform the production
29:19in Hungary, in Croatia.
29:21We have worked in such a way that we are ancient to work with your actors here in Venezuela.
29:29Venezuela has a dream from the explorers, has a great geology and also for the petroleum field.
29:37And these enterprises have transformed this in production but also in the well-being of the Venezuelan people.
29:44We have here in an extraordinary moment also for the government has opened to us the possibility to work and
29:51we are working as we know with all the dedication.
29:56We began with all the explorers.
30:01We were working with PDVSA and we have worked also the activities of exploration.
30:08And these people to the personnel of Venezuela, the personnel that is here and the capacitation to people even in
30:21the United States and here.
30:22So they can also have this opportunity.
30:26You in Venezuela are going to continue strengthening this collaboration.
30:35We are going to have a series of field in the next year.
30:39So we are going to be participating in all this agreement.
30:42I want you to, this presence to be felt in the side, in the care of the, and we are
30:52here for so much time.
30:58We are worried of course about the tragedy of the two earthquakes.
31:04So we need to find also charges so we can bring to Venezuela to help the people of Venezuela to
31:12mitigate this tragedy.
31:14And we can also demonstrate that of the medical resources and people are open for Venezuela to be part of
31:22the solution of this pain that you have.
31:27So this is a historical moment where you can create prosperity for the Venezuelan people.
31:36Thank you Venezuela for receiving us.
31:38Thank you to the workers of yesterday, of today, of tomorrow.
31:43In the face of everything, this agreement is a work with you and for you.
31:49Thank you so much.
31:51Thank you so much.
31:53Words from Mr. Oscar Quintero, Executive Director from the Enterprise Primavera.
32:07I am going to represent Primavera.
32:14Well, first of all, thank you for this reception and for this moment.
32:20It was spectacular that our country is living.
32:24For me, I am proud to be Venezuelan and also to contribute to Venezuela in this moment.
32:37This is a big opportunity so we can construct to Primavera.
32:44We can bring a clean idea.
32:48We are going to do it in a sustainable way and secure way so we can develop our communities, our
32:54workers and have a good custody of the lands of our countries.
33:00Us and our work is aligned with three objectives that the President has set.
33:06The first of all is to bring all the knowledge that we can develop to our workers and also to
33:16return to all the talented Venezuelans that are there.
33:21And this is a very particularly important and also to try to bring the best technology to our country.
33:30Our country was a pioneer in the petroleum technology and we are going to do it again so well.
33:38I am very thankful.
33:40I am very thankful.
33:41This is a proud representing this enterprise and I would like to also to all the Venezuelans that are thinking
33:51to think to contribute with this energy.
33:54This is the opportunity.
33:55This is a very important moment for our country and we are going to make it.
34:01Thank you so much.
34:02We were hearing words of Oscar Quintero, he was in representation.
34:11We are going to hear now the President of Venezuelan Petroleum Company, PDVSA.
34:18At this moment he is going, the Executive Director, he is going to offer statements in this context.
34:25Let's also hear his statements as a very important part of the agreements that have been signed with these energy
34:33companies.
34:35Happy afternoon to everyone.
34:39Welcome Mr. Secretary of Energy Chris Wright, the Ministry and all the present ministers, authorities from private companies.
34:48They are also charge of the affairs, John Barron.
34:52Greetings also to the hydrocarbon sector, workers of the minister, the directive meeting with PDVSA and also the President, Secretary.
35:05We have had eight months of so much work.
35:09In this eight months, the sector of the hydrocarbons had structural changes that has allowed signings like today where you
35:22were testified to.
35:24And also with the partial reform of the hydrocarbon law, the second change of so much importance was the promulgation
35:33of the ruling.
35:34Venezuela has 83 years without the ruling to regulate the sector.
35:40And also the last big change is of course in a contract of cooperation.
35:47Adjusted to all the international standards that created the ideal circumstances to bring foreign investment to our country.
36:00And today in this act, you can also saw all the models of our law making it firm to you
36:08like Chevron firm signed as a mixed enterprise incorporating to our means to company.
36:19Carval was filled and this will allow in the next 10 years in the first phase to command also the
36:29production of those mixed enterprises of more than 150,000 barrels in the first phase and also for more than
36:39700,000 barrels in the next phase.
36:44So this is also sign of models.
36:49This is a very important sign that we have just made with our partner for more than 30 years.
36:56So we can work in this field so that in the first phase they support more than 200,000 barrels.
37:07And also with our partners we have made the signing of a cooperation agreement with Primavera that we are going
37:22to develop this near to 70,000 barrels.
37:26And beyond this we have another model that we have just signed is the exploratory licenses with aspect energy.
37:36This is our future to the petroleum exportations.
37:40These just all these they will need energy of Venezuelan petroleum and their private and their private partners.
37:56These are rejected is to put to proper production so we can guarantee that the petroleum production have guarantee and
38:07stability.
38:08I think so much to all the authorities here for allowing this space for having achieved this big signing of
38:17agreements.
38:26The words of the excellent Mr. Chris Wright, Secretary of Energy from the United States of America will also offer
38:35statements.
38:37The mission is to bring peace, liberty, the opportunity and the prosperity to the people of Venezuela.
38:48I think that the signs that are today, millions of daughters of the mission finally in many senses created are
38:58critical and essential.
39:00So we can begin to bring peace, opportunity and prosperity for everyone in Venezuela.
39:09I want to thank the President of the United States and also in the name of the people of the
39:17United States of America.
39:18I want to thank Chevron, Eni, I want to thank General Electric and so many, many enterprises that are going
39:26to be here after you to bring capital and inversion to Venezuela.
39:30I came here seven months ago to know Acting President Delce Rodriguez and her equipment and her team.
39:38We were working together a week to improve the opportunities of Venezuelans and for the United States people developing the
39:46energetic resources.
39:47So that our nations can be close friends again and together from there working day and night for the transformation
40:00to be possible.
40:01That requires respect and also confidence between our countries that work is never easy.
40:09And as we have mentioned, this is just the beginning, but today is a transforming day.
40:19We're trying to go at the same speed of the light.
40:23President Trump didn't want to go on a slow speed.
40:30They want to be to the most fast way ever, affirming that the relations between the United States and Venezuela
40:39and also the relations between the peoples of the United States and the peoples of Venezuela.
40:43And also the catalysers to transform Venezuela is the energy to improve also the quality of life for the United
40:53States citizens and for the whole world.
40:58And also we are very interested in doing this in the whole American continent.
41:03And this is our neighborhood from Argentina to Canada, from Venezuela, Guiana, Colombia.
41:11We are big producers of energy in this continent.
41:14And if we can replace the conflicts of the past with the commerce of the present, I want to also
41:25encounter here.
41:26This is a transforming day.
41:28Thank you so much for making it possible.
41:30We are doing that the world and that the American continent is a better place.
41:35Thank you so much.
41:39As we were saying, those were words.
41:43Let's hear right now at the statements of the active president of Venezuela, Delcy Rodriguez.
41:49She is also good afternoon.
41:55First of all, greetings to Secretary Chris Wright for this visit after the first visit in the month of February.
42:08It was a delegation, charge of the affairs, John Barrett.
42:13It is very rare.
42:17Ambassador, thank you so to your delegation, those who I am watching.
42:25But welcome everybody for all the effort that has been made to France.
42:33I want to highlight that in Venezuela today seems like years because every day we are building story.
42:46And I thank the presence of CEO of Chevron, of Eni, to the representative from General Electric, of Primavera,
42:57from Aspect Holdings that are accompanying us today.
43:01I say that in Venezuela they seem like years because today I coincide with the Secretary Wright we are making
43:13history.
43:15With the signing of important agreements.
43:18Agreements where the enterprise Chevron that have more than a century in Venezuela is also expanding its experience and investment
43:27and technology in our country.
43:30And expresses also the mixing between the Venezuelan Petroleum Company and Chevron.
43:38Also the mixing between the Venezuelan workers and Chevron.
43:43I say that either Chevron or Eni are enterprises that have been in good moments and in bad moments.
43:52And I am very pleased that this is a good moment so we can continue to advance.
44:00In the context of the agreement signed with Chevron I congratulate to you and also I congratulate all of us.
44:09Because it is going to allow a very, very up in the production.
44:15When I talk about also fueling the production I also talk about the Venezuelan people.
44:20In that also in our petroleum industry will be translated in more works, in more salaries, in more public services,
44:35in schools, in food, in the well-being of a country.
44:39That in his conjunction will send the prosperity and a better tomorrow.
44:45There it is the transformation that Venezuela needs to overcome the difficulties and to advance throughout development of their natural
44:57resources.
44:58As the President of PDVSA said, thanks to a new law, thanks to a new ruling.
45:04And so that we worked, the teams have worked with a big speed.
45:09Today Venezuela has a legal regulatory mark that allows it to access to very important investments for the development of
45:20the industry.
45:20And that development will translate in the day, in the everyday life of the people, in the public transportation.
45:28That the Venezuelan citizen can feel that all these contracts that are, that we are subscribing today are translated in
45:38their lives.
45:39Claudio said it, I congratulate also on it.
45:43And they have judged San Junín 5, an extraordinary field, almost 7 million barrels in reserve, one of the biggest
45:53in Venezuela.
45:54So they have also a productive objective.
45:58But he committed so that tomorrow they will begin to work.
46:02And us, our Venezuelans, all will see in a very short time activation in the several regions where these investments
46:12are being given.
46:13We have Manuel from Primavera also as our engineer.
46:18So the talents can return to the country.
46:22I always invite the Venezuelan people to return to their homeland and also incorporate in this process of recovery and
46:29growing that I called the
46:32the re-borning of Venezuela.
46:36And it's also in the spiritual.
46:38The spiritual in matters can also function.
46:42So the spirituality can unite in peace, in cooperation, in friendship where the familiar center can be consolidated in the
46:52well-being.
46:53So I greet all these important agreements and something extraordinary.
47:00General Electric, thank you.
47:03Because there it is what is have been signed is the recovery of the electric infrastructure for the petroleum industry
47:13and complement the energy.
47:14As the president of PDVSA said that it is not only the petroleum industry or the industry to recharge the
47:24electric system of the nation.
47:27So they can have its own capacity.
47:31But the most extraordinary is that the one we have signed with Corpoelec to recover the recovery energy systems from
47:41hydroelectric, of distribution, essential for the life of people.
47:48This is essential.
47:49Without electricity there is no life.
47:51And you today, together with us, are signing for the lives of the Venezuelan.
47:57But also very important, I also wait for these agreements are in a mutual benefit.
48:06I have talked for the benefits of Venezuela, but I hope that for your countries, for Italy, for the United
48:13States, for Europe, for the world.
48:15The energetic formula that is expressed in these agreements will mean also to contribute to the energetic balance, global energetic
48:31balance.
48:32And it's fundamental.
48:32And I think that all the enterprises that have came here to invest have also that benefit in their objectives.
48:40And I hope that this big agreement that we have subscribed today, that we have subscribed on 28th of August
48:49between United States and Venezuela for the production of 65,000 millions of barrels, it is also translated for the
48:57people of the United States.
48:59I know that the objective of the President Donald Trump, to whom I thanked for all the joint efforts that
49:11the government has deployed, and the State Department, the Secretary of Energy, all the government making efforts to put the
49:25goal that is to have a win-win,
49:29and agreements of mutual benefit, that the countries that are represented, and for the people of Venezuela also have my
49:38faith as the acting President in the future of Venezuela.
49:42What we are doing here is the future and the hope of the people of Venezuela.
49:48And I do it with absolute conviction and I also indicate again that the political dialogue with the United States
49:57of America and with the countries of the world is the mechanism to relation, to make relations, and also is
50:06the mechanism for benefit between the countries.
50:08We were hearing, we were hearing, we were hearing the acting President of Venezuela, we were also hearing several CEO's
50:18statements during this act of signing agreements during the visit of the, visit of the Secretary of Energy of the
50:28United States,
50:29a decrease right in an official visit to Venezuela.
50:32We were also in presence of a historic moment for Venezuela, historic moment for the energy sector, and also for
50:40the petroleum industry at this moment.
50:43And signing of several agreements with international cooperation enterprises in a matter of energetic cooperation by national cooperation also with
50:54the United States.
50:54We were hearing the importance of this agreement signed today between PDVSA and also Corporal Elect with several international corporations
51:04so they can start also filling again this important field in Venezuela so the government can make his efforts as
51:14they have been doing at this moment to also rebuild this industry in the country and also boost the economic
51:20sector in Venezuela.
51:22The acting president of Venezuela reiterated also the disagreements and the importance of this agreement that it is going to
51:31be translated in the lives and also the winning in the lives of the Venezuelan people and also the well
51:38-being of all women and men of Venezuela.
51:42This is all the information at this moment.
51:45If you want to know more about this, please stay tuned at telestudyenglish.net.