Indian Companies Eye Expansion in Venezuelan Energy Sector

Indian companies are expressing readiness to expand their operations in Venezuela, as conveyed by Oil Minister Hardeep Singh Puri to Venezuela's interim President Delcy Rodriguez. Rodriguez extended an invitation to an Indian energy delegation to explore opportunities in Venezuela's energy sector, reflecting growing ties between the two nations.

Expressing keen interest in strengthening their foothold in Venezuela, Indian companies are eyeing expansion in the South American country's energy sector. This was confirmed by Oil Minister Hardeep Singh Puri during his meeting with Venezuela's interim President Delcy Rodriguez in New Delhi on Thursday.

As part of the discussions, Rodriguez extended an invitation to an Indian energy delegation, urging them to visit Venezuela and explore the myriad opportunities available in the country's energy sector. The interaction signifies a burgeoning partnership between the two nations, as stated by India's oil ministry on Friday.

The invitation could pave the way for increased collaboration in energy projects, promising growth and mutual benefits. This development highlights India's strategic interest in expanding its energy connections globally, fostering closer diplomatic and economic ties with Venezuela.