“Venezuelans not only confirm, but also ask that our companies continue working in Venezuela,” said Russian Deputy Prime Minister Alexander Novak.
Moscow is interested in increasing oil production at existing projects in Venezuela, Russian Deputy Prime Minister Alexander Novak said on Thursday.
“For our part, in those projects in which we participate, we are interested in increasing productionin the liquidations on time and in the realization of products,” he said, quoted by TASS. “Venezuelans not only confirm, but also ask that our companies continue working in Venezuela”Novak said.
The senior official also explained that Moscow and Caracas have been cooperating in the energy sector for years and already have five joint oil projects. “Today we are expanding this cooperation, including the gas industry, we have two projects in the offing,” he said.
Novak recalled that many companies previously worked in the Venezuelan market, including European and American companies. However, after the implementation of sanctions against Venezuela, only the Russian companies remained.
In turn, the Russian minister stressed that bilateral cooperation between the two countries remains stable despite the pressure of sanctions.