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US May Use Oil Firms in Venezuela After Maduro Capture, Expert Says

Foreign affairs expert Robinder Sachdev suggests the US approach to Venezuela following the capture of President Nicolás Maduro will involve major oil companies. He states that teams including senior oil executives may be formed to engage with the Venezuelan opposition. The objective is to secure access to Venezuela's oil resources, with profits shared through royalties. Sachdev notes that large oil companies have historical experience in influencing political changes in resource-rich countries.

Key Points: US Oil Companies in Venezuela Post-Maduro: Expert Analysis

  • US strike captured Maduro
  • Oil firms may engage opposition
  • Goal is access to Venezuelan oil
  • Companies have "experience in orchestrating coups"
2 min read

US to work in Venezuela via oil companies: Foreign affairs expert after Maduro's capture

Foreign affairs expert says US may use oil company executives to engage Venezuelan opposition and gain access to oil after Maduro's capture.

"some work will be done through oil companies - Robinder Sachdev"

New Delhi, January 5

Foreign affairs expert Robinder Sachdev said that it was clear from President Donald Trump's approach towards Venezuela that "some work will be done through oil companies", and the US may create a team including some "senior executives from oil companies".

His remarks come after Washington on Saturday carried out a "large-scale strike against Venezuela", and the deposed Nicolas Maduro and his wife, Cilia Flores, were captured and flown out of the country.

Sachdev said that major oil companies may be used to engage with the Venezuelan opposition, with the aim of gaining access to the country's oil while sharing profits through royalties.

Speaking to ANI, Sachdev on Sunday said, "Trump said that now we will run Venezuela. As if Venezuela were a company they had acquired, and they're saying they will run Venezuela. Now we have to see how they will run it. But what seems clear about their approach, their mindset, is that some work will be done through oil companies. That is, first, he will form a team. He says the team will include the Secretary of War, Pete Hegseth, and Marco Rubio. Besides them, I think they will also involve some senior executives from oil companies in the team."

He said that big oil companies have "years of experience in orchestrating coups" in countries across the globe, like in Africa.

"The big oil companies have many years of experience in orchestrating coups in countries around the world and securing new projects; they've done a lot of this in Africa. So, teams will be formed from the wheeler-dealer executives of these companies, and these teams will then talk to the Venezuelan opposition about how to bring them to power. The objective is that the Venezuelan oil will go to these oil companies for extraction, and obviously, some of the money from that oil will go to Venezuela because it's their resource. The companies will make a profit, and the US will take some money in the form of royalties," Sachdeva added.

Maduro and Flores were captured in Caracas and flown out of the country in a joint operation involving intelligence agencies and US law enforcement.

Trump stated that Maduro and his wife have been indicted on charges of alleged "drug trafficking and narco-terrorism conspiracies" in the Southern District of New York and will face trial.

- ANI

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Reader Comments

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Priya S
Very concerning. The expert's point about oil companies having experience in "orchestrating coups" is chilling. It reduces sovereign nations to mere assets. As a developing nation, India should be wary of such neo-colonial tactics, even if they don't directly involve us.
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Aman W
From an Indian perspective, our oil companies like ONGC Videsh also have international operations. The global scramble for energy resources is real. While the US methods seem heavy-handed, it's a reminder that energy independence is crucial for national security. Jai Hind!
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Sarah B
While the capture of Maduro might be justified on legal grounds (narco-terrorism charges), involving corporate executives directly in foreign policy formation is problematic. It blurs the line between national interest and corporate profit in a dangerous way.
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Vikram M
"We will run Venezuela." What arrogance! This is not how sovereign nations should be treated. India has always stood for non-interference. Hope our MEA's statement reflects our traditional values and not just pragmatic calculations. 🇮🇳
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Karthik V
Interesting analysis. If the US stabilizes Venezuela and its oil production ramps up, it could affect global crude prices. That could be good for India's import bill, but the means to that end are highly questionable. A classic ethical dilemma in geopolitics.

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