Russia Eyes Increased Oil Production With Venezeula Projects ...Middle East

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Russia is interested in increasing its oil production through projects in Venezuela, Russian deputy prime minister Alexander Novak said on Thursday, according to TASS. Novak met with Venezuela’s oil minister Tareck El Aissami in Caracas on Wednesday. Unrecognized as Venezuela’s legitimate president by 50 countries, including the United States, Nicolas Maduro and Russian President Vladimir Putin have been long-term allies—one of Venezuela’s few allies, in fact. Russia has assisted PDVSA stop its freefalling oil production…

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