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Venezuela: Rosneft, PDVSA sign cooperation agreement in Caracas
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29.07.2016
Venezuela's PDVSA and Russia's Rosneft signed a cooperation agreement in Caracas on Thursday.
As reportedly stipulated in one of the agreements, Rosneft's participation in the exploitation of gas in Venezuela's territorial waters to the northeast of the country will be evaluated, as well as the establishment of a joint venture between the two countries for exploitation of natural gas.
Speaking at a press conference, Maduro praised Russian President Vladimir Putin for his leadership, saying "We have to thank life for the fact that Russia and the world has a Vladimir Putin."
During the ceremony, Rosneft's President Igor Sechin presented Venezuelan President Nicolas Maduro with a statue of late Venezuelan leader Hugo Chavez and a sabre.
As reportedly stipulated in one of the agreements, Rosneft's participation in the exploitation of gas in Venezuela's territorial waters to the northeast of the country will be evaluated, as well as the establishment of a joint venture between the two countries for exploitation of natural gas.
Speaking at a press conference, Maduro praised Russian President Vladimir Putin for his leadership, saying "We have to thank life for the fact that Russia and the world has a Vladimir Putin."
During the ceremony, Rosneft's President Igor Sechin presented Venezuelan President Nicolas Maduro with a statue of late Venezuelan leader Hugo Chavez and a sabre.
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