Agreement between the Government of the Russian Federation and the Government of Venezuela on cooperation in the sphere of fuel and energy sector.

The Parties shall promote cooperation in the following fields: (a) research and development; (b) policy on energy; (c) development in the field of fuel and energy; (d) mining and the technology on processing technology of heavy and extra-heavy oil; (e) exchange of experiences in the field of gasification; (f) vocational training of experts (art. 2). The cooperation shall be carried out in the following forms: (a) improvement of mining and prospecting technology, transportation system of oil, natural gas, coal and derivates thereof, hydropower generation and other sources of energy; (b) exchange of heavy and extra-heavy oil extraction and processing technology; (c) exchange of experiences in the sphere of gasification; (d) joint seminars, symposia and industrial exhibitions (art. 3).