Venezuela proposes OPEC to consolidate a comprehensive policy that benefits all actors in the world oil sector

This Wednesday, the Sectoral Vice President for Economy and Minister of People’s Power for Petroleum, Tareck El Aissami proposed, on behalf of Venezuela, the consolidation of a comprehensive policy that benefits producing countries, investors and oil consuming countries.

This was expressed by El Aissami during the meeting held with the Secretary General of the Organization of Petroleum Exporting Countries (OPEC), Mohammad Barkindo, who is in Venezuela in the framework of an official visit on the anniversary of the organization.

In this sense, El Aissami specified that the foundations that will govern this proposal called the “Three Cs” will be Coherence, Cohesion and Consensus, all of them based on “the effort we have made so far, on the objectives achieved and on the future decisions to be made”.

Vice President El Aissami praised the exemplary and leading role that OPEC has played in handling the global health crisis generated by the COVID-19 pandemic.

In this context, he ratified the denunciation of the negative impact caused by the coercive and illegal measures imposed by the United States government, especially those aimed at affecting the national oil industry.

For his part, the Secretary General of OPEC, Mohammad Barkindo, reaffirmed the importance of the role our country has played throughout the history of this organization: «Thanks to the exemplary leadership of President Maduro, we were not only able to survive this crisis, but to overcome it more than anything else”.

During the meeting, which takes place within the framework of the 61st anniversary of this energy alliance, both officials highlighted the rebalancing achieved after the Declaration of Cooperation, thanks to the ability to build a consensus among the oil-producing countries of OPEC +, which constitutes a fundamental axis in the construction of the new post-pandemic economy for the development and prosperity of the peoples.