Ricardo Vaz and Andreína Chávez Alava
venezuelanalysis.com | September 25, 2021

Mérida, September 25, 2021 (venezuelanalysis.com) – Venezuela’s self-proclaimed “Interim President” Juan Guaidó has drawn severe criticism over a reported agreement to pay US $1.3 billion to US corporation ConocoPhillips.
The alleged settlement was revealed in a report by Delaware District Court-appointed “Special Master” Robert B. Pincus on a proposed “sale procedure” of Venezuelan assets to meet creditor demands.
“The Venezuela Parties [opposition-appointed boards] have indicated that they have reached an agreement with ConocoPhillips regarding the outstanding amount of ConocoPhillips’ Judgment,” which “totals $1,287,664,420 as of July 20, 2021,” reads the 73-page text seen by Venezuelanalysis.