Tehran (IP) - Venezuelan National Oil Company (Pedosa) CEO described Iran’s PetroPars as a full-fledged and capable company in the field of oil and gas development and called for the participation of PetroPars in the Venezuelan oil industry.

Iran PressIran News: During the meeting of Iran's oil Minister with the President of Venezuela, Nicolás Maduro, at Tehran's Saadabad Palace on Tuesday, it was agreed to increase the oil cooperation between the two countries and export oil and petrochemical products.

Nicolas Maduro arrived in Tehran on Friday at the official invitation of Ebrahim Raisi, President of the Islamic Republic of Iran

On the sidelines of a joint meeting with PetroPars and Pedosa senior officials, Asdrubal Chavez, Pedosa CEO, expressed his hope that the meeting would determine the fate of the plans and projects envisaged by Venezuela in its oil and gas fields.

"The Venezuelan National Oil Company has been cooperating with PetroPars for nearly 15 years in various fields, and in this direction, it has always benefited from the capabilities of this group," he said.

Expressing satisfaction with the serious determination of the Islamic Republic of Iran to assist Venezuela's oil and gas plans and facilities development program and cooperation with PetroPars, he said: "In our country, there is a good ground in the field of oil and gas so that we can use the ability of PetroPars to achieve them."

The CEO of the Venezuelan National Oil Company, emphasizing the country's trust in the PetroPars Group, stated: "Over the years, we have seen very good potential from PetroPars, which shows that it is a complete company that can operate in various parts of Venezuela's oil and gas fields. PetroPars is an ideal company for us to which we can safely entrust our projects."

Referring to the formation of a joint committee to implement the agreements reached by the two sides on the development of oil and gas fields in Venezuela, Chavez said: "The formation and leadership of this committee are very strategic and important and management of the committee will be with the highest officials of the two companies."

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