The Venezuelan parliament has approved a 15-year extension of joint ventures between state company PDVSA and Russian oil firm Roszarubezhneft, according to a statement on the National Assembly’s website.
The deepening energy cooperation comes despite sweeping US sanctions on both nations and amid accusations that Washington wants to depose President Nicolas Maduro under the guise of an anti-drug campaign.
Venezuela extends Russian oil venturesThe National Assembly has approved a 15-year renewal for two joint oilfields