Maduro discussed with Sechin details of the arrangements in the energy sector

© RIA Novosti / Grigory to Sysoeva in Photobacterium PJSC NC Rosneft Igor Sechin. Archival photoMaduro discussed with Sechin details of the arrangements in the energy sector© RIA Novosti / Grigory to Sysoeva the image Bank

Venezuelan President Nicolas Maduro met with the head of the oil company «Rosneft» Igor Sechin to elaborate on the Russian-Venezuelan agreements in the energy sector, said the Ministry of oil of Venezuela in his Twitter.

«Rosneft» and the Ministry of oil of Venezuela at the meeting signed the new agreement, the report says.

2016 Rosneft has developed with Venezuelan state oil company PDVSA technical and economic feasibility of offshore blocks Patao, Mejillones and Río Caribe, the Agency notes. The company is also working on the evaluation of deposits Nardo, Nipa, Elotes and Budare de la Divisi Ayacucho area of the Orinoco river.

Rosneft is a party to five of the six PDVSA joint ventures with Russian companies: Petromiranda, Petrovictoria, Petromonagas, Boquerón y Petroperijá. Also, the Russian oil company is a partner of Venezuela in a service business Perforosven.

In addition, as noted by PDVSA, Russia confirmed its intention to continue to develop cooperation with Venezuela in the oil sector.

In July it became known that Rosneft and PDVSA prepared the feasibility study of the development of three gas fields — Patao, Mejillones and Rio CARIBE and can apply for licenses.

Oil projects Russian companies in Venezuela to 2016 amounted to 8.4 million tons, the share of «Rosneft» — 2.67 million tons.

In late October, Sechin said that the company expects to soon reach final agreements with Venezuela on two gas production projects on the continental shelf of the country.