Venezuela aids Grenada on oil and gas

Venezuela President Nicolas Maduro shakes hands on the pact with Grenada PM Dr. Keith Michell.

Venezuela aids Grenada on oil and gas
Venezuela aids Grenada on oil and gas

GEORGE’S, Grenada – Venezuela has promised to assist Grenada in developing potential that may exist in the oil and gas sector.

Venezuelan President Nicolas Maduro, who visited the island last week, said he will immediately instruct his foreign minister, Delcy Eloina Rodriguez, to form a team to begin dialogue with St. George’s.

The Venezuelan leader told Grenada’s Prime Minister Dr. Keith Mitchell during a bilateral meeting that Caracas and St. George’s should not delay on this initiative.

“We can work together on this. I entrust the foreign minister to form this team and let us move as quickly as possible. We have vast experience in oil and gas,” Maduro told the meeting.

New talks between Grenada and Venezuela are expected to focus on boundary delimitation following initial discussion on the issue some years ago.

Mitchell told Maduro that Grenada is just as eager to reach an agreement, particularly in light of the positive implications for the local economy.

Meanwhile, Grenada’s former energy minister, Gregory Bowen, reminded the Venezuelan leader that positive discussions on the boundary delimitation had begun a few years ago with the late president Hugo Chavez. Bowen informed Maduro that a Grenada team is standing by to return to the table