27 Oct 2026 15:53

Putin: Russia ready to continue work in Venezuela's fuel and energy sector, consulting both with country's authorities and third countries' companies

MOSCOW. Oct 27 (Interfax) - Russia has invested billions of dollars in Venezuela's fuel and energy sector and is ready to continue cooperation, for which it is holding consultations both with the country's official authorities and with companies from third countries, Russian President Vladimir Putin said during the Gas Exporting Countries Forum (GECF) when welcoming Venezuelan Presidential Envoy Delcy Rodriguez.

"Russian economic operators have invested billions of dollars in Venezuela's energy sector, and we hope this cooperation will continue. We are ready to work with the official authorities of Venezuela, to work with our Venezuelan partners, as well as with representatives of third countries," Putin said.

"I want to emphasize that we are holding the relevant consultations both with official government structures and with interested companies from other countries," Putin said.