The African Energy Chamber (AEC) this week advanced a structured program of cooperation with Venezuela during a high-level working visit aimed at aligning both regions on hydrocarbon development, trade expansion and capacity building.

The visit opened with meetings with the Bolivarian Republic of Venezuela’s Vice Minister for Africa, Yuri Pimentel, where discussions focused on formalizing stronger South–South collaboration across upstream investment, gas monetization and downstream industrial development. As major hydrocarbon regions navigating similar developmental pressures, both sides emphasized a shared priority: using oil and gas resources to confront energy poverty and accelerate industrialization.

Rather than treating hydrocarbons as transitional resources, discussions framed them as essential economic drivers. Both parties emphasized that oil, along........

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