RE:Just a heads upThings are "looking" good for Venezuela in theory with sanctions lifted, but it's going to take a long time to get meaningful oul and gas production in track...not to mention. A lot of money, and comapnies
with "know how"...
Unfortunately for Venezuela, they have burned a lot of bridges with International
investors and many will be reluctant to put their $$'s into that economy for fear if
liss or expropriation.
China has been throwing money all over the place around the world, making sure they have a toe hold...
We'll see, but IMO from everything I've read, if they do get the go ahead, it'll be a good 6 months to a year for any production of substance...