CARACAS (Reuters) - Venezuela on Thursday rejected ConocoPhillips’s moves to seize the country’s Caribbean assets to collect on a $2 billion arbitration award, but in a sign the U.S. oil company’s pressure might be working, Caracas also suggested it was ready to pay.

Additional reporting by Gary McWilliams and Marianna Parraga in Houston; Writing by Alexandra Ulmer; Editing by Richard Chang