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PostedMar 2803/28/2026, 10:42 PM
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🗒️🗣️ INTERVIEW | Carlos Mendoza Potellá: ‘The Hydrocarbon Law Reform Is a Surrender of Venezuelan Sovereignty’ Venezuelan economist Carlos Mendoza Potellá has sharply criticized the recent reform of the Hydrocarbon Law, describing it as a structural shift in the country’s oil governance. According to Mendoza Potellá, the reform “meets the maximum demands that the Venezuelan right and the oil conglomerates have been making for at least the last 25 years,” while reintroducing concessions and expanding corporate control over production and costs. He argues that key mechanisms of sovereignty are being weakened, including oversight institutions and the role of national courts: “The return of international arbitration is also a brutal setback (…) disputes are not settled in Venezuelan courts.” Read the full interview here 👉🏾https://shorturl.at/YrL7n #2026OilReform#PDVSA#Sanctions#USVenezuelaRelations