Senior Reporter
jesse.ramdeo@cnc3.co.tt
Acting Venezuelan President Delcy Rodríguez has extended an invitation to Barbados to explore investment opportunities in Venezuela’s oil and gas industry, as both countries signal a renewed push to deepen economic and energy cooperation.
Rodríguez made the proposal during a joint press conference yesterday alongside Barbados Prime Minister Mia Mottley, following high-level talks in Bridgetown aimed at strengthening bilateral ties.
“We have also invited Barbados to come and invest in oil fields, also in gas exploration in Venezuela, to join... increase the production of hydrocarbons in Venezuela,” Rodríguez said.
The meeting in Barbados comes ahead of a planned trip by a diplomatic delegation from Trinidad and Tobago to Venezuela, announced by Prime Minister Kamla Persad-Bissessar, aimed at securing oil and gas resources. Speaking at the press conference, Rodríguez said such collaboration could help “guarantee the supply and the safety for energy to the people of Barbados in the future.”
The announcement formed part of a broader package of cooperation initiatives spanning tourism, trade, renewable energy and cultural exchange.
Rodríguez described April 27 as marking “the birth of cooperation in economy and trade between Venezuela and Barbados,” while pointing to plans to increase air connectivity and expand tourism links across the region. Energy cooperation featured prominently in the discussions, with Rodríguez also proposing joint efforts in renewable energy, including the potential manufacturing of solar panels.
Prime Minister Mottley welcomed the proposals, emphasising Barbados’ interest in leveraging Venezuela’s scale and resources to strengthen its own energy resilience.
“We are committed to working with other partners to be able to take advantage of the opportunity which you have afforded us to have actual production in Venezuela,” Mottley said, noting that Barbados’ energy company could collaborate on joint investments in the fields being offered.
She underscored that energy affordability remains a pressing global concern and said Barbados is seeking partnerships that can help stabilise costs and ensure reliable supply.
Mottley also pointed to Venezuela’s longstanding role in supporting regional energy security, referencing past initiatives such as the San José Agreement and PetroCaribe, which provided critical assistance to Caribbean nations during periods of high oil prices.
The talks come amid a wider regional push to strengthen economic collaboration and energy security, with both countries positioning their partnership as a model for deeper Caribbean-Latin American integration.
Rodríguez arrived in Barbados on Sunday. Her regional outreach follows earlier meetings with Grenada’s Prime Minister Dickon Mitchell
Gonzales: Rodríguez cautious with T&T during regional visits
International relations expert Dr Anthony Gonzales is warning that recent diplomatic moves by Rodríguez may reflect strained political ties with Trinidad and Tobago, even as energy cooperation with multinational companies continues.
Two weeks ago, Persad-Bissessar said the delegation would seek to secure Trinidad and Tobago’s “just share” of cross-border oil and gas resources, signalling renewed efforts to advance long-stalled energy projects. But according to Gonzales, the timing and pattern of Rodríguez’s visits suggest a more complicated diplomatic reality.
Speaking with Guardian Media yesterday, he argued that Venezuela may be deliberately prioritising engagement with other Caribbean states while maintaining a more cautious stance toward Port of Spain.
“Why would you want to go to Barbados? How much business do you have there? You’re already dealing with Trinidad, yet you’re going elsewhere,” Gonzales questioned, describing the visits as “rather funny” given Trinidad and Tobago’s geographic proximity to Venezuela.
He suggested that past criticism of the Venezuelan leadership by Trinidad and Tobago officials may still be influencing relations.
Despite the apparent political fallout, Gonzales stressed that Venezuela’s dealings with major energy firms, including Shell and BP, are likely to proceed. He noted that Venezuela has a strong incentive to monetise its excess gas reserves and is already engaged with international partners to move projects forward.
However, Gonzales raised concerns that Trinidad and Tobago’s state-owned interests, particularly the National Gas Company (NGC), may be sidelined in current arrangements. Gonzales also questioned whether Venezuela is ready to receive the diplomatic delegation announced by Persad-Bissessar, noting the absence of any public response from Caracas.
“She says she’s sending a delegation. I haven’t heard the Venezuelans say anything,” Gonzales pointed out. “Are they willing to receive this delegation?”
He suggested that ongoing behind-the-scenes tensions may be delaying formal engagement at the government-to-government level.
Guardian Media is awaiting a response from Prime Minister Kamla Persad-Bissessar as well as Foreign and Caricom Affairs Minister Sean Sobers on the upcoming trip to Caracas.
