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Russia-Venezuela to review agreements
MOSCOW
Petroleumworld.com, October 08, 2008
Russian Foreign Minister Sergei Lavrov and his Venezuelan peer Nicolas Maduro will meet on Tuesday to review the agreements the two countries have signed over the past few months, according to a diplomatic source.Maduro arrived in Moscow on Monday for a two-day official meeting, a spokesperson of the Venezuelan Embassy here told Prensa Latina.
The head of Venezuelan diplomacy will chair the bilateral commission set up to implement the agreements and memorandums of understanding between the two countries, especially in the energy sector.
In recent statements to Prensa Latina, President Hugo Chavez said that Gazprom would join Petroleos de Venezuela (PDVSA) to create a consortium that he described as a colossus.
Gazprom-PDVSA will invest in explorations, exploitation, processing, commercialization of power, oil and gas, and many other spheres, said the Venezuelan president.
Other joint projects will be agreed upon in Caracas in late October, when the High-Level Intergovernmental Commission (HLIC), headed by Russian Deputy Prime Minister Igor Sechin and Venezuelan Vice President Ramon Carrizales, will meet.
Maduro's visit to Russia is also aimed at preparing Russian President Dmitri Medvedev's first visit to Venezuela, according to Telesur.
Medvedev's visit might coincide with the joint naval maneuvers that the Russian and Venezuelan navies will carry out in the Caribbean Sea from November 10-14, the source added.
A squadron made up of the world's largest missile-launching cruiser, Peter the Great, the antisubmarine ship Admiral Chabanenko and two support ships, is on its way to Venezuela to take part in the war games.
Story from PRENSA LATINA
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