Venezuela's Debt Restructuring Backed by Broad Public Support, National Survey Shows

New polling, commissioned by Capital Nacional, an initiative of the PDVSA Commercial Creditors Committee, shows 84.9% support for the debt restructuring announcement, which aims to deliver substantial debt relief and restore access to international credit.

CARACAS, Venezuela, Nov. 5, 2026 /PRNewswire/ -- A national public opinion study, commissioned by Capital Nacional and conducted by Datanalisis, found that 84.9% of Venezuelans support a comprehensive restructuring of the country's public debt.

The survey shows broad consensus across demographics, highlighting the belief that renegotiating the sovereign's and the state-owned oil company's obligations is essential to restore fiscal solvency, reopen access to foreign credit, and revitalize the economy.

The study polled 840 respondents nationwide through a market research panel from September 22 to October 2, 2026, with a margin of error of ±3.38% at the 95% confidence level.

Key Findings of the Datanalisis Survey:

Broad National Support: 84.9% of respondents expressed support for a renegotiation of the Republic's and PDVSA's obligations.

Leading Role of National Oil Companies: 77% of respondents consider it appropriate for domestic oil companies to take a leading role in recovering and increasing the country's oil production.

Private Sector to Source Financing: 69.4% believe the private sector should finance the oil industry's growth and development.

Statement from Capital Nacional:

"The survey reflects remarkably strong support for the debt restructuring process and for the national oil companies to underpin the oil sector's recovery," said Alejandro Dopazo, executive director of oil field services company Grupo Petroamerica CA and Capital Nacional coordinator. "Venezuelans clearly recognize that resolving the country's debt overhang through constructive negotiation is essential to economic stability and sustainable development."

A Voice to Move Forward

Capital Nacional will host a conference, «A Voice to Move Forward: Private Capital in the Development of the Petroleum Industry, » on November 17, 2026, in Caracas, Venezuela, to present a debt sustainability analysis – independently prepared by Summa Consulting & Strategy, whose technical assessment was conducted autonomously and is separate from the positions, proposals, and conclusions presented by Capital Nacional – and results from the national public opinion survey conducted by Datanalisis. The Committee invites eligible commercial creditors, trade suppliers, and claimholders to participate in the Capital Nacional initiative. The Committee is actively engaging financial advisors, legal counsel, and other creditors to ensure the initiative aligns with broader sovereign restructuring efforts.

About Capital Nacional and the PDVSA Commercial Creditors Committee:

Capital Nacional is an initiative of the PDVSA Commercial Creditors Committee, which represents domestic oil field services, supply and procurement, and engineering and construction companies with commercial obligations owed by PDVSA and its subsidiaries. The committee advances a transparent, equitable, and sustainable debt restructuring framework that supports the oil sector's growth and long-term economic development.

Instagram: @capital.nacional

Website: www.venpdvcc.org

SOURCE Capital Nacional