Venezuela to Move PDVSA Office to Moscow From Lisbon

# 15:56
1 March 2019

Russian Foreign Minister Sergei Lavrov and Venezuelan Vice President Delcy Rodriguez hold a joint press conference in Moscow as part of her official visit, ONA reports citing Sputnik.

Venezuelan Vice President Delcy Rodriguez, speaking at a press conference, said that Venezuelan President Nicolas Maduro has decided to close PDVSA's office in Lisbon and move it to Moscow.

"I would like to state that President Nicolas Maduro ordered the PDVSA in Lisbon to close this office and move the office to Moscow," the vice president said at a press conference following talks with Russian Foreign Minister Sergei Lavrov in Moscow.

Delcy Rodriguez explained the decision to transfer the PDVSA state oil company's office from Lisbon to Moscow by saying that Europe does not provide the necessary guarantees for asset protection.