Venezuela Orders PDVSA Offices Relocate To Moscow; Putin Affirms Support To “Friend” Maduro

Friday, March 1, 2019
By Paul Martin

by Tyler Durden
ZeroHedge.com
Fri, 03/01/2019

A top Venezuelan official has announced that President Nicolas Maduro has ordered national oil and gas company PDVSA to close its current European headquarters in Lisbon, Portugal and move it to Moscow. The announcement came from Venezuelan Vice President Delcy Rodriguez during a press conference standing alongside Russian Foreign Minister Sergey Lavrov in Moscow on Friday.

“President Nicolas Maduro instructed the Lisbon branch of PDVSA to close this office and relocate the office to Moscow,” Rodriguez said, according to Russia’s TASS news agency. It appears the relocation is already underway, and is part of the framework of “broadening cooperation” with Russian energy giants Rosneft and Gazprom, according to the statement.

The Venezuelan vice president said, “This is done in line with our plans to expand technical cooperation in the oil production area with Rosneft, with Gazprom. The moment now is the most suitable to do so. We are changing the format of our relations.” And she added, “It’s the perfect time, as we are reshaping our relations.”

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