Maduro Highlights Need To Stabilize Oil Market

(Energy Analytics Institute, Piero Stewart, 31.Mar.2020) — Venezuela’s President Nicolás Maduro highlighted the importance of the agreements between the Organization of Petroleum Exporting Countries (OPEC) and its allies (OPEC+), as well as the need to advance in rapprochements between the organization, Russia and Saudi Arabia.

“I proposed the need to resume dialogues within the framework of OPEC+ in order to move towards agreements and objectives that could allow for the gradual, progressive, but sustained recovery of the oil market and oil prices,” Maduro said in an official PDVSA statement.

Maduro also said he had received credentials from the new Russian ambassador, Sergey Melik-Bagdasarov, during a meeting at the Miraflores Presidential Palace.

“He brought me a direct message from Russia’s President Vladimir Putin that confirmed Russia’s solidarity with Venezuela and ratifying the deep and indestructible friendship between both nations,” Maduro added.

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