Venezuela may transfer to the BRICS countries the rights to develop oil and gas deposits on its territory. This was announced at a press conference by the President of the state Nicolas Maduro.

According to his statements, BRICS is a giant and safe market for national producers with good prices.

“The biggest investments we have now in the oil and gas sector comes from BRICS countries”

Nicolas Maduro President of Venezuela

He also emphasised that Venezuela is interested in participating in the projects discussed by the countries of the association.

Earlier, Venezuelan authorities also confirmed that Maduro had received an invitation to attend the BRICS+ summit in Kazan in October.

Photo: teleSUR