The Broken Circuit: Power, Gas and the Energy Floor of Venezuelan Recovery

Power, gas and the energy floor of Venezuelan recovery. Six parts on the grid and gas substrate as the terminal constraint: a 34 GW fiction against 9-12.5 GW dependable, the single 765 kV corridor with no redundancy, the associated-gas trap and forty per cent flaring, the LOSE monopoly and licence architecture, the reconstruction bill and quasi-fiscal drain, and a five-class taxonomy of investable exposure with trajectories to 2030.