Iran oil minister Javad Owji is making a rare trip to Venezuela that includes visiting oil facilities and signing energy deals between the two U.S.-sanctioned nations, said people with knowledge of the situation, Trend reports citing Bloomberg.
Owji and more than a dozen delegates arrived in Caracas on Saturday, according to the people, who asked not to be identified. Owji and his delegation visited the Paraguana refining complex in western Venezuela with Petroleos de Venezuela SA head Asdrubal Chavez. Both are expected to sign energy cooperation deals on Monday, the people said.
Venezuela’s oil ministry and state-owned oil company PDVSA did not reply to a request for comment.