Kremlin says Russia will seek clarification from US on Venezuela oil restrictions


Kremlin spokesman Dmitry Peskov attends a meeting of Russian President Vladimir Putin with Venezuelan President Nicolas Maduro in Moscow, Russia, May 7, 2025. Alexander Zemlianichenko/Pool via REUTERS

MOSCOW, Feb 11 (Reuters) - Russia ⁠plans to seek clarification from the United States about new U.S. ⁠restrictions on Venezuela's oil business, the Kremlin said on Wednesday.

The ‌U.S. Treasury Department on Tuesday issued a general license to facilitate the exploration and production of oil and gas in Venezuela. The license did not authorise transactions involving Russian ​and Chinese nationals or entities.

Kremlin spokesman Dmitry Peskov ⁠told reporters that Russia would ⁠clarify the situation with Washington through available channels of communication.

"We do indeed ⁠have ‌investments in Venezuela, we have long-term projects, and there is interest both from our Venezuelan partners and from us. Therefore, all ⁠of this is a reason to discuss the ​situation with the Americans," ‌Peskov said.

U.S. President Donald Trump has openly spoken of controlling ⁠Venezuela's vast oil ​reserves, the world's largest, in conjunction with U.S. oil companies, after toppling Nicolas Maduro.

Maduro has pleaded not guilty to U.S. charges.

Russia's Roszarubezhneft energy firm, which operates ⁠in the South American country, said last ​month that all the company's assets in Venezuela were the property of Russia and it would stick to its commitments to international partners there.

Roszarubezhneft, owned ⁠by a unit of the Russian Ministry of Economic Development, was incorporated in 2020 and soon afterwards acquired the Venezuelan holdings of Russian state-run oil company Rosneft after Washington imposed sanctions at the time on two ​Rosneft units for trading Venezuelan oil.

Russia has long ⁠maintained close ties with Venezuela, spanning energy cooperation, military links and high-level ​political contacts, and Moscow has backed Caracas diplomatically ‌for years.

Rosneft had stakes in upstream ​ventures in Venezuela, such as Petromonagas (40%), Petroperija (40%), Boqueron (26.67%), Petromiranda (32%) and Petrovictoria (40%).

(Reporting by Dmitry Antonov; writing by Vladimir SoldatkinEditing by Andrew Osborn)

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