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January 22, 2026



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The National Assembly of Venezuela, under the control of Chavismo, has approved in the first vote a partial reform of the Organic Hydrocarbons Law.

This reform responds to demands and agreements reached with the Trump Administration to facilitate the sale of Venezuelan crude oil.

The initiative, promoted by the acting president Delcy Rodríguez, must still go through a second discussion for its final approval in Parliament.

The National Assembly of Venezuela, controlled by Chavismo, gave the green light this Thursday in the first vote to the partial reform of the Organic Hydrocarbons Law demanded and agreed upon with the Trump Administration.

This is one of the initiatives of the president in chargeda, Delcy Rodríguez, in the midst of agreements with the United States for the sale of Venezuelan crude oil.

The legislation can be modified and then must go through a second discussion for final approval in the Legislature.

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