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Colombia Seeks US Sanctions Waiver for Venezuelan Energy Investments
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Colombia Seeks US Sanctions Exemption for Venezuelan Energy Investments
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News18
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18-03-2026, 00:30
Colombia Seeks US Sanctions Exemption for Venezuelan Energy Investments
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Colombia is requesting a US sanctions exemption to invest in Venezuelan electricity and natural gas projects.
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The exemption would allow for the potential reopening of a gas pipeline between the two South American nations.
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Colombia's state-run oil company Ecopetrol is consulting with US officials on regulatory requirements.
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President Gustavo Petro has been a vocal critic of US sanctions on Venezuela, blaming them for the economic crisis.
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The US has been easing sanctions on Venezuela's oil industry, allowing some US companies to trade Venezuelan oil.
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