Original article by Ben Packham
The Australian – Page: 1 & 6 : 7-Jan-26

President Donald Trump claims that US companies can rebuild Venezuela’s oil infrastructure within 18 months, but concedes that it will require a "tremendous amount of money". He adds that oil companies will be reimbursed for this expenditure either by the US goverment or via revenue. Venezuela currently produces about 1.1 million barrels of oil per day, and Rystadt Energy estimates that increasing this to three million barrels per day will require about $US183bn of investment over the next decade. Meanwhile, Venezuela’s former president Nicolas Maduro has told a New York court that he had been kidnapped by US forces at his home in Caracas, and that he is still Venezuela’s leader.

CORPORATES
UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT