Obviously the National Assembly interprets it that way. The Maduro government, which is actually governing the nation and which enjoys popular support, interprets it differently, as does the Supreme Court whom the Venezuelan constitution assigns the duty of interpreting the section of the constitution concerned. You come in here insisting that only one interpretation (the one which happens to favor US oil interests) is possible, but clearly you are wrong.

I write about the end of illusions.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store