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Advice from Maduro to OPEC

Venezuelan President Maduro, ' participation in the agreement on oil production cuts is of great importance. We also see the extension of the oil deal extremely important, ' he said.

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Advice from Maduro to OPEC

"We are also very important to see extension of oil deal," said Venezuelan President Nicolas Maduro, noting that high turnout for oil production outage was of great importance.

In his speech at Russian Energy Week Forum, Maduro evaluated agreement aimed at shortening oil production reached between oil-exporting Countries ' organization (OPEC) and some non-OPEC countries.

"We have no capacity to meet local demand in Venezuela," Maduro told reporters that Venezuela has fulfilled its commitments to oil deal. We're trying to meet whole request. But in this sense, participation in deal for oil production interruption is of great importance, "he said.

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Maduro said y saw extension of oil deal extremely important.

"Dictatorship would not be choice"

Maduro also assessed political developments in his country, saying "re is a dictatorship in Venezuela. If re were dictatorships in our country, re would be no elections and election campaigns, "he said.

The Russian Energy Week Forum will also participate in top executives of global energy companies such as Gazprom, Lukoil, Novatek and PDVSA, as well as OPEC Secretary-General Muhammed Barkindo.

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