The Republic of Congo and Venezuela have announced plans to enhance their collaboration in the hydrocarbons sector, including exploring joint venture opportunities between companies from both nations.
On February 13, Congo’s Minister of Hydrocarbons, Bruno Jean-Richard Itoua, met with Venezuela’s Ambassador to Congo, Laura Evangelia Suarez, to discuss capacity-building initiatives and partnership opportunities in oil and gas.
This new collaboration builds on the first session of the Joint Commission, held in Caracas in 2023, which revitalized relations between the two countries.
During this session, 13 agreements were signed, alongside a letter of intent and two memorandums of understanding, covering areas such as hydrocarbons, air transport, tourism, agriculture, mining, and education.
