Pakistan, Aug. 30 -- Venezuela's interim President Delcy Rodriguez said a new energy agreement with the United States will remain in force for 25 years. She said the deal aims to increase crude production to more than 1.5 million barrels per day. Rodriguez described the agreement as historic and said it could help revive Venezuela's struggling economy.

Speaking on state broadcaster VTV, Rodriguez said the bilateral project covers the development of 17 strategic oilfields. She stressed that the 1.5 million-barrel target applies only to the agreement between Venezuela and the United States. Moreover, she said the initial production goal could increase under a broader expansion of the country's energy sector.

The wider plan also includes d...