Venezuela joins the African organization of oil countries | News

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The president of Venezuela, Nicolás Maduro, highlighted the country’s entry as an observer to the African Organization of Petroleum Producers (APPO), becoming the first non-African nation to join said multilateral alliance.

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This is an example of the principles of peace diplomacy promulgated by the Bolivarian Revolution, as a result of negotiations with the Secretary General of (APPO), Dr. Omar Farouk IBRAHIM, and the Embassy of the Bolivarian Republic of Venezuela, led by Ambassador Aníbal Márquez Muñoz; focused on the strengthening and deployment of links in the oil and energy field.

The acceptance of Venezuela in the bloc occurred after the Council of Ministers of the strategic Organization approved it unanimously through Resolution 277 approved during the 41st Ordinary Session of the Ministerial Council, held in person, in Algiers, People’s Democratic Republic the Argelia.

Which was attended by ministers and heads of delegation from the 14 member countries of the organization: Algeria, Angola, Benin, Cameroon, Chad, Congo, Democratic Republic of the Congo, Egypt, Equatorial Guinea, Gabon, Libya, Niger, Nigeria and South Africa; who were joined by the executive secretary of the African Energy Commission of the African Union, and the executive president of the African Chamber of Energy.

Likewise, the Official Certificate that accredits Venezuela as an Observer Member in the APPO, was consigned to the Venezuelan diplomatic headquarters in the Congo, by the general secretariat of the entity whose permanent headquarters are located in the city of Brazzaville, Congo.

In this sense, Ambassador Márquez pointed out that the main lines of work of the Bolivarian Republic together with the APPO will be guided by South-South Interaction and Cooperation Programs, and by the precepts of Economic Complementarity of the Africa-South America Social Forum (ASA).

Africa is home to five of the 30 largest oil-producing countries in the world. In its scope, today there are 20 producing countries which together represent around 9.6 percent of world production, and also 7.7 percent of the world’s proven oil reserves.

These potentialities, together with the Venezuelan oil map and experience during a century of exploration and exploitation of hydrocarbons, give the exchange and cooperation between Venezuela and the APPO considerable potentiality to influence the sustainable and independent development of its peoples in a positive way.

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