Venezuelan President Nicolas Maduro has met with representatives from Russia’s state-owned oil company, Rosneft, to strengthen bilateral ties in the energy and gas sector.
The meeting, which took place Saturday, in the Venezuelan state of Vargas, honored a promise made by Maduro in July.
“In the second semester, important documents will be signed to expand bilateral investments between Russian oil and gas companies and our PDVSA,” the Venezuelan president told Russia Today at the time.
Meanwhile, Rosneft President Igor Sechin has asserted in multiple media interviews that the oil company intends to continue working with the Latin American nation’s state-controlled Petróleos de Venezuela (PDVSA), steadily increasing levels of cooperation over time.
“As I repeated on several occasions, we will never leave; no one can expel us, we will work with Venezuela and we will increase the levels of our cooperation,” Sechin has said.
Venezuela has “the largest reserve of hydrocarbons in the world and, from that point of view, any oil company should aspire to work in this country.”
In October, Maduro traveled to Moscow in Russia to meet President Vladimir Putin in person, taking the opportunity to thank Putin for his support in “difficult times.”
