Venezuela’s Oil Minister To Discuss OPEC Deal With Saudis, Russians

29 Aug 2017   Venezuela

Venezuela’s Oil Minister Eulogio del Pino, who was appointed again as minister last week, plans to visit Saudi Arabia and Russia ahead of the September 22 meeting of the joint OPEC/non-OPEC panel set up to monitor the cuts, Russia’s TASS news agency reported on Monday, quoting Del Pino as saying. Del Pino had served as Venezuela’s oil minister until January this year, when he was replaced by Nelson Martinez. Last week, Venezuelan President Nicolas Maduro reshuffled again the government and the top management of embattled state-held oil firm PDVSA, replacing Martinez with Del Pino, and appointing Martinez to run the close-to-default state oil company. Del Pino now plans to embark on a 10-day tour ahead of the next meeting of the Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC) in Vienna, and plans to visit Moscow and Riyadh. The Venezuelan minister will discuss the implementation of the production cut deal with […]

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