News ID : 50721
Publish Date : 5/29/2020 12:50:53 PM
Venezuela reaffirms historical commitment to continue fighting for the stabilization of the world oil market

Venezuela reaffirms historical commitment to continue fighting for the stabilization of the world oil market

Venezuela 's Power Minister for Petroleum, Tareck El Aissami, held a video conference on Wednesday with the Secretary General of the Organization of Petroleum Exporting Countries (OPEC), Mr. Mohammad Barkindo

NOURNEWS- Venezuela 's Power Minister for Petroleum, Tareck El Aissami, held a video conference on Wednesday with the Secretary General of the Organization of Petroleum Exporting Countries (OPEC), Mr. Mohammad Barkindo. "We have had a fruitful videoconference with the Secretary General of OPEC, Mr. Mohammad Barkindo, to strengthen our ties of cooperation and coordination in the face of the great challenges currently facing the world energy industry !!", wrote El Aissami in his account in the Twitter social network. El Aissami thanked the Secretary General of OPEC and the members of the Secretary General for the warm welcome and incorporation to the OPEC team. "We thank Mr. Mohammad Barkindo and the members of the General Secretariat for the warm welcome they have given us by joining this extraordinary team, to advance together in the consolidation of a sustainable world market for the prosperity of peoples !!", he wrote on another Twitter. The Oil Minister reiterated that Venezuela, as a founder-member country of OPEC and holder of the largest oil reserve on the planet, "ratifies its historic commitment to work in the recovery of the crude oil market in the world, and achieve a more solidarity after the Covid-19 "pandemic. Venezuela is one of the countries that, together with Saudi Arabia, Kuwait, Iran and Iraq, made the OPEC initiative possible on September 14, 1960. In 2000, Supreme Commander Hugo Chávez, soul and inspiration of the Revolution Bolivarian, promoted the II Summit of Heads of State of OPEC, held in Caracas, achieving the recovery of the barrel with a view to the stability of the oil market. In recent years, Venezuela played a fundamental role in seeking consensus among OPEC countries and incorporating other non-OPEC producing countries into a production adjustment agreement, which has allowed the world oil market to balance. The OPEC + Declaration and Charter of Cooperation has consolidated an important platform for dialogue and collaboration, to face the main challenges facing the energy sector.


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