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Venezuela oil industry wants Barbados investment
Venezuela oil industry wants Barbados investment
Thu, Apr 30, '26 at 5:57 PM
@Che
Barbados' nominal GDP is projected to reach approximately $8.48 billion USD by the end of 2026
The required investment for Venezuela's oil sector is immense, with estimates suggesting 100 billion dollars . 10 billion per year just to restore production to previous levels.Barbados,does not possess the significant financial capital required to independently fund Venezuela's large-scale oil development.
Venezuelan leadership has invited Barbados to explore energy cooperation, such initiatives primarily aim to forge trading links. International firms and major powers like the U.S. and China are the primary players in Venezuelan oil.
Are you selling nutmeg in Grenada to help Mia invest?