Maduro said Venezuela could transfer rights to develop oil and gas fields to BRICS countries

Venezuelan leader Nicolas Maduro said that Venezuela can transfer the rights to develop oil and gas fields on its territory to the BRICS member states, TASS reports

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Nicolas Maduro pointed out that if ‘all these people in the north and their partners in the world make the mistake of their lives’, then all the permits for the development of oil and gas deposits ‘will go to our BRICS allies’. No one will stop Venezuela, Maduro said.

According to him, the BRICS is a giant market for national producers, and Venezuela has targeted it because it seeks to develop an export model of the economy.