Those things are decrepit. They're bankrupt. They need to be reinvested in. It's obvious they do not have the capability to bring up that industry again. They [Venezuela] need investment from private companies who are only going to invest under certain guarantees and conditions. That has to go to the benefit of the Venezuelan people. Right now, all of that wealth is stolen. It's stolen and it goes into the hands of oligarchs around the world. (03:41–14:40)
CLAIM
Asserts that Venezuela requires private investment with specific guarantees and conditions to revive its oil industry.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
