Caracas, President Nicolas Maduro of Venezuela has condemned Western sanctions against Russia, which led to a crisis in the global energy market, describing these sanctions as irrational.
During his meeting with the Secretary-General of the Organization of Petroleum Exporting Countries, Haitham al-Ghais, Maduro expressed his country’s readiness to supply the global oil and gas market with its needs of these two substances.
He stressed that his country has improved its oil industry, whose production has fallen to historic levels after years of withdrawal of investments and lack of maintenance.
Maduro called on foreign oil companies to produce in Venezuela and said that Venezuela has more than fifty first-class gas projects and all legal guarantees so that international investors can come to produce gas in Venezuela and transfer it to international markets.
Source: Syria Arab News Agency