From the Amos Global investment fund, they seek to channel resources to bring back oil investments in this new phase, already with Delcy Rodríguez at the helm of the country. Moshiri, as understood in the oil sector, is deeply aligned with Donald Trump's plans, which have generated an unexpected boom in Venezuelan bonds, PDVSA bonds, and have led to a record surge in the Caracas Stock Exchange, whose main index grew by around 70% since Monday. Moshiri, who has known chavism since its inception, has become a key figure in the current Venezuelan landscape. The message was clear: if Chevron did business in Venezuela, there was no problem with Argentina. After Maduro's fall: Is it time to buy or sell Chevron shares? Moshiri, who has known chavism since its inception, has become a key figure in the current Venezuelan landscape. It was a high-risk stop because Kirchner had just expropriated the state oil company YPF from the Spanish Repsol, and there were strong doubts in public opinion as to whether the agreements with Chevron, which were also secret in a first instance, would be fulfilled. At that time, Chevron's man in Latin America was Ali Moshiri. Last Tuesday, the London-based Financial Times estimated that more than 80,000 million dollars would be needed to reactivate the oil business in Venezuela. An intricate pendulum: while the energy sector needs chavism to continue controlling stability and order in a country where groups from drug traffickers to Colombian guerrillas operate, it is also true that, at a certain point, the presence of that group becomes a problem, especially considering that Trump is no longer up for re-election. In 2012, Chevron was one of the first major oil companies in the world to partner with the then Argentine government of Cristina Kirchner to exploit fields in Vaca Muerta, the mega shale oil field in Patagonia. The same fund where former Foreign Minister Luis Videgaray has a permanent advisory role. Finding a new head for PDVSA is vital due to the agreements of the last hours: the chavist state oil company will increase its crude sales to the United States and those profits will go to bank accounts controlled by Washington that, according to Trump, will generate business and benefits for the Venezuelan people. The agreement will have a decisive instance tomorrow Friday, when the president meets with the major oil executives at the White House. There, the heads of Chevron, ConocoPhillips, and Exxon will attend. Moshiri, who knows the Venezuelan political environment in depth, will be a key player in guiding Venezuela's energy policy. From the Amos Global investment fund, they seek to channel resources to bring back oil investments in this new phase, already with Delcy Rodríguez at the helm of the country. Executives in the energy business based in CDMX assure that Moshiri will be key in an upcoming change in PDVSA's authorities. The executive of Iranian origin but a U.S. citizen organized meetings with journalists to explain his bet on Argentina despite the uncertainty generated by the Kirchner administration. In one of those meetings, the executive spent half the meeting recounting his adventures in Venezuela, where he had direct access to Hugo Chávez, with whom he held long conversations during the years in which Venezuela's democratic quality began to languish. A process in which he is hand in hand with Jared Kushner, Trump's son-in-law and head of another investment fund that is operating in the Middle East in partnership with the great fortunes of the Gulf. The scenario is complex: in the energy field, there are many doubts about the country's real reserves, which also has a deteriorated infrastructure to extract extra-heavy crude. According to the Rodríguez government, Venezuelan reserves are around 300,000 million barrels, but independent estimates speak of less than 100,000 million. The great problem, already, is the long-term plane that becomes inevitable for the oil business: Trump is obliged to give guarantees that Venezuela will not want to expropriate, in a few years, the businesses that are now going to be generated.
