SPS and the embassy of Venezuela in Rusia strengthen alliances for increasing oil production

Strategic chatacter of alliances is emphasized

SPS and the embassy of Venezuela in Rusia strengthen alliances for increasing oil production

The commission of the oil company was recieved by the Ambassador of the Latinamerican nation, Carlos Farias and others representatives of this entity in the Russian federation

(Moscow, 09-28-2017. SPS press).- With the Venezuelan Ambassador in Russia, Carlos Farías, and Southern Procurement Sevices CEO, Manuel Chinchilla, an extraordinary meeting took place in the frame of the preparatives for the participation of both entities in the Russian Oil Faire 2017.

The meeting began with the company’s introduction in the embassy where the SPS’ non conventional economic scheme model for the operations in Venezuela and other Latinamerican countries was outstanding.

It also stressed the importance of promoting new trade ties with Russia through alliances with exporters that could help creating new likes of cooperation and investment for increasing the oil production in Venezuela.

It is importante to emphasize that, along all the Latinamerican countries, Venezuela counts with an importante participation of oil conpanies with Russian cooperation, such as Petro Monagas, Petro Miranda, Petro Victoria, Petro Perijá and Boquerón. As well as more than 261 agreements to reinforce the growth and oil production.

In that sense, with the technical support of these importants foreing companies, SPS will start the construction proyect of a Gas Compression and Packaging plant and another one of Assambling and Manufacture of Artificial Oil Lifting Systems in Venezuela.