The White House said that Venezuela has granted North American Blue Energy Partners 100-year concessions for 17 oil fields. The privately held producer is expected to pay about $200 billion in royalties and taxes over the first 25 years.
The White House said that Venezuela has granted North American Blue Energy Partners 100-year concessions for 17 oil fields. The privately held producer is expected to pay about $200 billion in royalties and taxes over the first 25 years.
<iframe src="https://hindustansphere.com/embed/cluster/d6b77393067661809a57a929e1890e040619b770" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Venezuela oil deal: NABEP gets 100-year concessions, to pay $200 billion in royalty and taxes in first 25 years"></iframe>
The White House said that Venezuela has granted North American Blue Energy Partners 100-year concessions for 17 oil fields. The privately held producer is expected to pay about $200 billion in royalties and taxes over the first 25 years.
