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Axios
Axios

EXPLAINED: Why rebuilding venezuelan oilfields won t be easy or cheap | Vintage Vibes

Nobody knows exactly how much it will cost to rebuild Venezuela's broken-down oilfields, but everyone agrees it's a lot — and there's no guarantee that U.S. companies will be chomping at the bit.

Why it matters: "There is no quick and easy solution to the problems that accumulated over a quarter century," Raymond James analyst Pavel Molchanov said in a note.


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