The President of the Republic, Nicolás Maduro, met this Wednesday with the Secretary General of the Organization of Petroleum Exporting Countries (OPEC), Haitham Al Ghais, at the Miraflores Palace.
During the meeting, Al Ghais highlighted the importance of organizational challenges worldwide and highlighted the role of Venezuela in the global energy future.
“The challenges we have in the future are more serious than the challenges we have faced in the last 62 years. Now it has to do with the energy transition and what is needed to fuel it with oil,” he said.
He added that it is necessary to use oil to generate wealth based on technology.
Al Ghais stressed that oil represents 33% of the world’s energy mix and is expected to be 60% of global demand in 2025. He also reported that 12 trillion dollars of investment are needed worldwide to develop the world oil system.
Likewise, he reiterated what he said earlier during the meeting held at the PDVSA headquarters in La Campiña, Venezuela has played a vital role in the efficient fulfillment of the organization’s mandate and its proactive response to market conditions,” he said. .
The OPEC representative arrived in the country on Tuesday and was received by Foreign Minister Carlos Faria in order to address a work agenda on energy
This Wednesday morning, he visited the Mausoleum of the Liberator Simon Bolivar to make a floral offering and honor the father of the country.
This activity is part of the official agenda carried out by Al Ghais with authorities of the national government in the framework of the celebration of the 62nd anniversary of OPEC.