Venezuela says its US oil agreement will run 25 years and target 1.5 million bpd

Caracas supplied the first operating contours of the accord: 17 producing fields, eight greenfield blocks and an initial output target above 1.5 million barrels a day.

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Caracas supplied the first operating contours of the accord: 17 producing fields, eight greenfield blocks and an initial output target above 1.5 million barrels a day.

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