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Venezuelan Oil Minister to Visit Russia to Talk on Oil Production Limit Deal

Sputnik International

Venezuela's Oil and Mining Affairs Minister Eulogio del Pino will head to Moscow to finalize the agreement to limit oil production, Venezuelan President... 23.11.2016, Sputnik International

2016-11-23T22:19+0000

2016-11-23T22:34+0000

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Venezuelan Oil Minister to Visit Russia to Talk on Oil Production Limit Deal

22:19 GMT 23.11.2016 (Updated: 22:34 GMT 23.11.2016)

Venezuela's Oil and Mining Affairs Minister Eulogio del Pino will head to Moscow to finalize the agreement to limit oil production, Venezuelan President Nicolas Maduro said.

Rosneft CEO Set to Visit Venezuela to Develop Five Major Oil Projects

20 November 2016, 03:18 GMT

MEXICO CITY (Sputnik) – Eulogio was tasked to finalize agreement with Russia, OPEC and non-OPEC countries, local media reported.

"I have given orders to Eulogio del Pino to go to Moscow and finish the agreement with Russia, OPEC and non-OPEC countries," Maduro said as quoted by Radio Nacional de Venezuela (RNV) on Wednesday.

Organization of the Petroleum Exporting Countries (OPEC) members reached a preliminary deal in Algeria in September to cap oil production at 32.5-33 million barrels per day. The deal is expected to be finalized in Vienna on November 30.