Venezuela is set to make around $5 billion from oil sales in the coming months while the United States manages the exports, U.S. Energy Secretary Chris Wright said.

Wright, who is visiting Venezuela and meeting with interim President Delcy Rodríguez, explained that more than $1 billion has already been generated from oil sales since the U.S. started overseeing the exports about five weeks ago.

“All the money from these sales goes back to Venezuela through accounts managed by the U.S. Treasury,” Wright said. He added that short-term agreements are expected to bring in another $5 billion in the next few months.

The deals are handled by top commodity traders Vitol and Trafigura, and they aim to help Venezuela restore its struggling oil industry. Wright said the country’s crude oil and natural gas production could increase significantly this year.

Venezuela recently made changes to its oil law to attract more investment. Wright described this as “a meaningful step in the right direction,” though he noted that more clarity would be needed to encourage large foreign investments.

The U.S.-managed oil sales mark a rare collaboration between Washington and Caracas and are seen as a way to support Venezuela’s economy while efforts continue to revive the country’s energy sector.