Venezuela hopes to reach fourth place in the world in terms of natural gas reserves, announced the country's Minister of Hydrocarbons, Paula Hanau, at the summit of the Forum of Gas Exporting Countries (FPEG), which took place in Moscow. Hanao pointed out that Venezuela currently occupies the ninth place in the world in gas reserves and plans to occupy the fourth place after quantifying the resources in the territorial sea and the sea areas. During the event, the minister emphasized the importance of international cooperation to mitigate the effects of climate change and to face the challenges facing the sector, such as energy security, sustainable development and access to energy.