“Following models like those in Argentina, we could install modular plants at the wellhead to generate electricity immediately, injecting direct capital into the national economy.”
He assessed:
This would bring these activities off-grid, avoiding straining the aging local grid and affecting Venezuelans directly. Nonetheless, he acknowledges that conditions must evolve to allow this kind of investment.
“The current legal framework is opaque. An international investor needs guarantees that their equipment will not be nationalized or shut down arbitrarily,” he concluded.
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