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U.S.-backed plan targets major expansion of Venezuela oil output

A U.S.-backed initiative aims to raise Venezuela's oil production to 500,000 barrels per day by 2028. The supplied information provides no details on implementation or current output.

By DoomRadar · Published on DoomRadar .

Why it matters

A large production increase could affect Venezuela's economy, sanctions policy and regional energy markets.

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  1. U.S.-backed NABEP targets 500,000 bpd of Venezuela oil output by 2028 ↗worldoil.com · Recorded source date: Sep 11, 2026, 6:01 AM UTC

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