Relations between Caracas and Moscow in the energy sphere appear set to take a ‘leap forward’ following a recent meeting between officials of the two countries in Moscow recently. During a meeting between Russia’s Deputy Prime Minister Alexander Novak and Venezuelan Oil Minister Pedro Tellechea, the two men reportedly discussed prospects for a partnership between Venezuela and Russia in the oil refining and petrochemicals sectors. A statement on Tuesday, attributed to the ‘Russian government’, also alluded to possible bilateral pursuits in the electric power industry. The two officials also reportedly discussed “interaction” between Venezuela and Russia within both OPEC and the Forum of Gas Exporting Countries (GEGF).