Venezuelan oil is cost-effective


About This was announced reporters Venezuela's ambassador in Minsk Americo Diaz Nunez, Interfax reports.

According to him, if the business was not profitable, the supply would not be produced.

"These agreements are reached at the level of Heads of State. Similar agreements are reached with the leaders of several Latin American countries. Supply of oil on preferential terms — this is a gesture of solidarity, a gesture of support Belarusian people"- Said the diplomat.

He also said that "these supplies cost-effective, given the fact that there are already plans for next year to put in Belarus 10 million tons of oil."

"Our actions are not the actions of a monopoly that would want to impose their prices," added Mr. Diaz Nunez.

Minsk delegation recently visited the Venezuelan oil industry experts who have reviewed a project to create a joint venture for sales of petroleum products.



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