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Venezuela seeks more investment in energy sector as it reforms hydrocarbon law

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The National
“Venezuela seeks more investment in energy sector as it reforms hydrocarbon law”

Venezuela is seeking more international investment in its energy sector, with the partial reform of the country’s hydrocarbon law representing a “paradigm shift”, its hydrocarbons minister said on Tuesday. “The new framework allows private participation in primary activities through mechanisms such as the production and exploration contracts and provides guarantees such as dispute resolution and different frameworks that improve conditions for attracting this investment,” Paula Henao told…

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