रिपोर्ट- वेनेजुएला का तेल भारत को देगा अमेरिका: ट्रम्प दुनिया की बड़ी ऑयल कंपनियों के अफसरों से मिले; रिलायंस भी तेल खरीदने कतार में लगी

Trump held a meeting with top executives of the world’s biggest oil companies in White on Friday.

America may allow India to buy oil from Venezuela. According to media reports, a senior official of the Trump administration has given this information.

This means that the trade which was halted due to US sanctions can now resume to some extent, but all this will be with US monitoring and conditions.

However, information regarding the conditions attached to it is not yet available. At the same time, according to Reuters report, Reliance also wants America to allow it to take Venezuelan oil.

On the other hand, Trump met top executives of the world’s big oil companies in White on Friday. Here he talked about investment of about Rs 9 lakh crore in Venezuela’s oil sector.

America will decide which companies will go to Venezuela

Trump held a meeting with executives of big American companies like Exxon Mobil, ConocoPhillips, Chevron. He said the US would decide which companies would go and invest in Venezuela.

Chevron Vice Chairman Mark Nelson said his company is committed to investing in Venezuela and is still operating there. Many small companies and investors also attended the meeting, who appreciated Trump’s policies and expressed their desire to invest.

Trump said – Oil profits will be divided between Venezuela, America and companies

Trump said, ‘Companies will have to invest and get their money back quickly, then the profits will be divided between Venezuela, the US and the companies. I think it’s easy. I think I have the formula for this. Negotiations on this plan are still going on.

At the same time, Exxon Mobil CEO Darren Woods said in the meeting that Venezuela is currently “not worth investing in” because the company’s assets there were seized twice. He said the company could come back by working with the Trump administration and the Venezuelan government to make major changes.

Trump on Friday asked executives of the world’s biggest oil companies to invest about Rs 9 lakh crore in Venezuela’s oil sector.

Venezuela will give 3 to 50 million barrels of restricted oil to America

US President Donald Trump recently said that Venezuela’s interim president will hand over 3 to 50 million barrels of banned oil to the US. Trump said that this oil will be sold at market price. Trump will have control over the money received from this.

The price of 5 crore barrels of crude oil is currently around Rs 25 thousand crores. According to the US President, it will be used in the interest of the people of Venezuela and America.

Trump wrote on his social media platform Truth Social that he has instructed Energy Minister Chris Wright to immediately implement this plan. The oil will be brought directly to US ports via storage ships.

Trump talked about rebuilding the infrastructure with big investments from oil companies.

Venezuela has the world’s largest reserves, still 1% supply

Venezuela is a member of the Organization of the Petroleum Exporting Countries (OPEC). It has the world’s largest oil reserves, but provides only about 1% of the global supply. Production there reached 3.5 million barrels per day in the 1970s, more than three times the current level.

America had imposed very stringent economic sanctions on Venezuela in 2019. The target of these sanctions was on Venezuelan oil company PDVSA, due to which Venezuelan oil exports almost stopped.

The US also imposed secondary sanctions, meaning that any country or company that bought oil from Venezuela could be denied trading or banking facilities in the US market.

India reduced oil purchases from Venezuela due to secondary sanctions

Due to secondary sanctions, it became very difficult for countries like India to buy large quantities of crude oil from Venezuela. Earlier (in the 2010s), India was a big customer of Venezuela. At that time, India used to buy millions of barrels of Venezuelan heavy crude every day, which was very suitable for Reliance and other Indian refineries.

In 2018, Venezuela accounted for about 6.7% of India’s total crude imports, ranking among the top 6 suppliers. But after 2019, imports fell rapidly due to sanctions. This share dropped to just 1.1% in 2021, and almost zero in 2022-2023.

India is the world’s third largest oil consumer

Indian companies such as Reliance Industries stopped purchasing because compliance risks, payment issues, shipping issues and US tax risks became too high. For some time (in 2023-2024), the US partially relaxed the sanctions, due to which India again bought some oil.

Reaching an average of 63,000 to 100,000 barrels per day in 2024, and imports rising to $1.41 billion in 2025. But in the middle of 2025, strictness came again due to which imports stopped again.

India’s crude imports from Venezuela between the end of 2025 and beginning of 2026 will be only 0.3% i.e. a very small share of the total imports. Now India is looking for other alternatives to oil to meet its increasing energy needs.

India is the world’s third largest oil consumer and meets 88-89% of its oil needs through imports. India’s oil consumption is about 5.74 million barrels per day in 2025, which is expected to increase to 5.99 million barrels in 2026.

Report- Buying oil from Venezuela can be an alternative to Russian oil for Reliance

Trump has increased pressure to stop India from buying Russian oil, due to which India’s major company Reliance Industries has decided not to take any Russian oil ship this month.

According to Reuters report, in such a situation, buying oil from Venezuela can be an alternative to Russian oil for Reliance.

Reliance had earlier also purchased oil from Venezuela by taking license from America. The company has the world’s largest refinery complex. It is located in Gujarat and has a total capacity of about 14 lakh barrels per day.

In the first four months of 2025, Venezuelan company PDVSA sent oil to Reliance on four ships, equivalent to about 63,000 barrels per day. But in March-April 2025, the US suspended most of the licenses and threatened tariffs on countries buying oil from Venezuela, after which Reliance’s last Venezuelan oil ship reached India in May 2025.

Reliance had said on Thursday that it would consider buying again if US rules allow it to sell oil from Venezuela to non-US buyers. ,

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Trump will buy 50 million barrels of oil from Venezuela: Said- I will have control over the earnings also, this will benefit both the countries

US President Donald Trump has said that Venezuela’s interim president will hand over 3 to 50 million barrels of banned oil to America. Trump said that this oil will be sold at market price. Trump will have control over the money received from this. Read the full news…