February 05, 2024 11:42 GMT
Iran/Venezuelan Oil Ministers Discuss Co-operation
Venezuela’s Foreign Minister Yvan Gil says he has discussed with Iranian Oil Minister Javad Owji ways to bolster the “energy alliance” between the two countries after their meet on Friday.
- The officials discussed the provision of technical engineering services, follow-up of the issue of extraterritorial refineries, repair of refineries, market creation for the private sector of Iran’s oil industry, especially in the field of petrochemicals, and investment in Venezuela’s oil industry according to IRNA reports.
- Venezuela may become more reliant on Iran for diluent for its heavy grades from April if US energy sanctions are reimposed.