Contents tagged with Maduro

  • Russia establishes a new oil company on the day of Rosneft's departure from Venezuela

    On March 28, when it became known that Russian oil giant Rosneft was terminating its operations in Venezuela, Russia’s Federal Agency for State Property Management, Rosimushchestvo, has established a new company, Roszarubezhneft, which will, in particular, be engaged in the production and transportation of oil and oil associated gas.

    Interfax reports with reference to Russian Single Register of Legal Entities that the company's share capital is 322.7 billion rubles ($4.05 billion USD). It is …

  • Maduro: Russia to send second shipment of medical equipment to Venezuela

    In the coming days, a second flight with medical equipment to fight coronavirus will arrive in Venezuela from Russia, President Nicolas Maduro said in a speech published on the TV channel VTV.

    "In the coming days, at the request of President Putin, a Russian military plane with all the equipment will arrive," Maduro said. According to him, three flights, including one from Russia, have already arrived in the country this week.

    Earlier, Russia sent to Italy 14 Il-76 aircraft with medical …

  • Venezuela offers to give Russian oil giant Rosneft control over PDVSA

    The Venezuelan government is considering handing over complete control of the state-owned oil company Petróleos de Venezuela S.A. (PDVSA) to the Russian oil corporation Rosneft, the Venezuelan newspaper El Nacional reported, citing sources in the country’s energy sector.

    According to the news outlet, the Venezuelan government proposed this initiative in exchange for writing off the country’s debt to Russia. Moscow apparently viewed the initiative positively, because it sent several commissions …

  • Venezuela pays off Russian debts using rubles instead of dollars

    Venezuela has made an interest payment on a $3.15 billion loan from Russia using Russian rubles. “We provide such a right and such an opportunity to all our debtors. It’s their choice,” Russian Deputy Finance Minister Sergey Storchak told RBC. The Russian Finance Ministry had already announced previously that Venezuela had made another tranche to service its debt, but without providing any specifics.

    After the US imposed sanctions on the Venezuelan government, it became virtually impossible …

  • Russian military experts arrive in Venezuela

    A group of Russian military experts arrived in the capital of Venezuela, Caracas, reports Interfax. Military experts flew to Venezuela for planned maintenance and repair of military equipment that was delivered earlier as part of military-technical cooperation of the two countries.

    Earlier, Flightradar24 air traffic monitoring service reported that Russian Il-62M aircraft landed in Caracas. According to these reports, Antonov An-124 Ruslan aircraft also arrived in Venezuela. Both planes …

  • Putin promises Maduro support and assistance

    Russian President Vladimir Putin assured his Venezuelan counterpart Nicolas Maduro of Moscow’s full support in the struggle for power in Venezuela, and promised him continued assistance.

    “Russia consistently supports all of Venezuela’s legitimate organs of government, including the institution of the president and parliament,” Putin said during the meeting with Maduro in Moscow, as cited by Deutsche Welle. He also expressed his support for dialog between Maduro and Venezuelan opposition leader …

  • Maduro asks Putin for $1 billion to mine gold and diamonds

    Venezuelan President Nicolas Maduro, who arrived in Moscow on his fourth official visit in two years, said that he sees opportunities to increase Russian investment in the Venezuelan economy by another $1 billion.

    This amount, according to TASS, appears in the supporting materials for Maduro's talks with Russian President Vladimir Putin, which are taking place in the Kremlin.

    According to the documents, additional Russian investments can be directed to the development of the mining industry …

  • Maduro announces arrival in ‘Russian motherland’

    Venezuelan President Nicolas Maduro announced in a tweet on Tuesday that he has arrived in Russia.

    “We have arrived in the Russian motherland in order to strengthen our historic and extremely positive relations and the respect between our nations,” he wrote on Twitter, publishing a photograph from the airport.

    He said that the fraternal relations that Moscow and Caracas have built over the years “are the fundamental axis for building a flourishing future for Venezuela”.

    Previously the …

  • Maduro turns to Putin following China’s refusal to buy Venezuelan oil

    Venezuelan President Nicolas Maduro plans to make another trip to Russia, announced Kremlin Spokesperson Dmitry Peskov on Friday.

    According to Peskov, the visit is currently being planned.

    Peskov did not specify when the visit would take place, but he did note that Maduro would not be participating in the Russian Energy Week, which will be held from October 2-5.

    The visit will take place “quite soon”, most likely in the first few days of October, three informed sources told the Interfax news …

  • Kremlin: Russia has contact with Venezuela’s Juan Guaido

    Venezuela’s self-declared interim president Juan Guaido has been trying to contact Moscow, Russian Foreign Minister Sergey Lavrov told RT in an interview.

    He said that Moscow has never ceased its dialog with Venezuela. “We are actively talking to all members of the Venezuelan political landscape – the government, the opposition, we even have people from Juan Guaido coming to us,” he noted.

    Lavrov said that Moscow has explained to him “the inadmissibility of attempts to resolve internal …