Algeria's assistance to Venezuela's PDVSA 'coincidence'
Vienna, Jan 6, OPECNA/IRNA -- The departure of Algerian experts to assist the Venezuelan national oil company, Petroleos de Venezuela S.A. (PDVSA), is a 'coincidence' and not tied 'directly or specifically' to the events facing the Venezuelan oil industry, according to Algerian Energy and Mines Minister Dr Chakib Khelil.
Khelil was quoted by the OPEC News Agency as saying here Sunday that PDVSA had asked, a long time ago, for assistance from the Algerian national oil and gas company, Sonatrach, within the framework of a mutual assistance accord binding the two firms.
Khelil noted that such action was normal between the two
companies, whose countries were both members of OPEC and committed to stabilizing the oil market.
He pointed out that such assistance would apply to the research,
exploration, production, and marketing of hydrocarbons, including
transportation, and stocks.