# Once a symbol of oil wealth, Venezuela’s refineries fall into decay

https://mins.news/en/video/13316

- Reuters, 2026-08-05 00:01 UTC
- Economy
- Original: https://www.youtube.com/watch?v=zEEOqza99hY

> Venezuela’s formerly prominent refinery network has deteriorated through disrepair and a lack of investment. Key facilities are operating at only a fraction of their capacity. The country is weighing expensive efforts to rehabilitate its oil infrastructure as the decline continues.