Article 780QF Venezuelan opposition up in arms over reports US wants big stake in oil and gas

Venezuelan opposition up in arms over reports US wants big stake in oil and gas

by
Tom Phillips Latin America correspondent
from World news | The Guardian on (#780QF)

Critics call move to gain long-term access to country's massive energy reserves predatory' and unconstitutional'

Reports that the US is preparing to claim a big stake in Venezuela's massive energy reserves have sparked an outcry, with critics describing the move as predatory" and a rapacious" land grab.

Several media outlets this week reported that the Trump administration - which abducted Venezuela's authoritarian president, Nicolas Maduro, in January and has steered the South American country ever since - hopes to secure long-term access to its oil and gasfields.

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