Venezuela is open to investment Venezuela has signed 80 agreements in the oil and gas sector with various international companies and is open to new investments, said the country's Minister of Hydrocarbons, Paula Hanau, during the ADIPEC conference. "In recent months, Venezuela has concluded 80 agreements with various multinational corporations that have returned to the country. Therefore, the most serious challenge we face is the complete removal of the sanctions, which would provide long-term guarantees for this type of investment. Investors need this trust because we are talking about large-scale investments," she said. To fully implement these projects, significant capital is required, she emphasized. Venezuela is open to international investment, Hanau added.