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Venezuela could become one of the three largest gas producers

Real reserves could be significantly higher

Feb 5, 2026 10:21 35

Venezuela could become one of the three largest gas producers  - 1

Venezuela has the potential to become one of the three largest gas producers in the world.

„We believe that the real reserves could be significantly higher and the country could become one of the three or four largest world powers in this area“, said Venezuelan Ambassador to Russia Jesús Rafael Salazar Velázquez.

„The vision of our acting President Delcy Rodriguez is to become an oil and gas power again, as we were before the absurd blockades imposed on our oil industry“, the diplomat added.

At the same time, the ambassador noted that the United States does not dictate Venezuela's foreign policy. “This is determined by our constitution and our authorities. Acting President Delcy Rodriguez has repeatedly stressed that Venezuela is not subject to any foreign power and we have the right to maintain relations with those countries with which we deem necessary,“ Velázquez said.