• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 4 hours Could Someone Give Me Insights on the Future of Renewable Energy?
  • 3 hours How Far Have We Really Gotten With Alternative Energy
  • 4 hours "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 2 days Bankruptcy in the Industry
  • 3 days The United States produced more crude oil than any nation, at any time.
How Long Will the Gold Rally Last?

How Long Will the Gold Rally Last?

Precious metal prices surge, particularly…

Venezuela’s Maduro Set to Visit Russia Soon

Russia is preparing to welcome Venezuela’s President Nicolas Maduro on an official visit soon, the Kremlin said on Tuesday, as the oil-producing countries Russia and Venezuela continue to maintain close ties in defiance of the Western powers.

Maduro’s visit is in the works, with the dates currently being discussed, Vladimir Putin’s spokesman Dmitry Peskov told reporters in Moscow on Tuesday.

“Yes, it [the visit] is being prepared,” Peskov said, as quoted by Russian news agency TASS.

Russia and Venezuela are currently discussing the dates that would be cleared in Maduro and Putin’s schedules, the Kremlin spokesman added.

Maduro has recently said that he would soon visit Russia and expressed solidarity with the Russian people and president Putin, TASS noted. 

Talk of a Maduro visit to Russia first emerged in the autumn of 2023, when Russian Deputy Prime Minister Alexander Novak said that Russia expected to welcome Maduro on a visit as part of the expanding Russia-Venezuela ties, including in the energy sector.  

“We expect the president of Venezuela to visit Russia per the invitation extended to him,” Novak, Russia’s top oil official, said in October, as carried by Russian news agency TASS.

In October 2023, Novak welcomed Venezuelan officials to discuss cooperation in oil and gas projects and to prepare for Maduro’s visit, according to TASS.

Novak also said at the time that the Venezuela-Russia joint ventures in Venezuela were exceeding by 16% their crude oil production targets for 2023.

Overall trade between Russia and Venezuela jumped by 70% between January and July 2023 and has surged by 77% over the past five years, according to the Russian deputy prime minister.


In December, Peskov said that Maduro’s visit to Russia would not take place before the end of 2023, however, it remained on the agenda and its dates were being agreed upon.

By Charles Kennedy for Oilprice.com

More Top Reads From Oilprice.com:

Join the discussion | Back to homepage

Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News