Russia to continue oil, natural gas ties in Venezuela: Rosneft
APCARACAS -- The chief executive of Russian energy company Rosneft said Tuesday that Russia will keep deepening cooperation with Venezuela's government in oil, natural gas and electrical projects.
January 31, 2013, 11:26 am TWN
Russian and Venezuelan officials signed five documents laying out plans for offshore natural gas and oil projects, the creation of a new joint company, and the purchase of Russian-made oil drills.
Rosneft chief executive Igor Sechin said the company plans to invest about US$10 billion in Venezuela in the coming years.