Trump’s Venezuela oil deal: why China can wait and watch
When US President Donald Trump announced on August 28 that the United States had secured majority control over some 65 billion barrels of Venezuelan oil through a private company, the North American Blue Energy Partners (NABEP), he called it “the biggest oil deal in history”. The White House fact sheet provided the details: NABEP’s 100-year concessions on 17 oilfields with 65 billion barrels of proven reserves, a 35 per cent Pentagon stake, a 20 per cent State Department offtake at cost with...
Where: China, United States, Washington, Beijing
Exact coordinates
china: 35.860, 104.200
united states: 37.090, -95.710
washington: 38.910, -77.040
beijing: 39.900, 116.400
Read it at South China Morning Post See this on the map
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What might happen next? AI-generated
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