Russia may invest billions of dollars in Venezuela - Putin

[Purveyor]

MOSCOW, July 27 (RIA Novosti) - Russian private business may invest billions of dollars in Venezuela with the government's support, the president said Thursday.

Following a meeting with his Venezuelan counterpart Hugo Chavez in Moscow, President Vladimir Putin said the interest of Russian companies in their Venezuelan partners was growing.

"The potential private investment of Russian companies may reach hundreds of millions, billions of dollars," he said.

Putin said the oil and gas sector was the most promising area of cooperation: "I'm delighted to say that our leading companies are making their first steps on the Venezuelan market."

---snip---

http://en.rian.ru/russia/20060727/51927823.html

[BillZBubb]

1. Sticking it to Bushco really good.

Ouch!

[Purveyor]

2. There is another report that Hugo is also interested in nuclear

energy, for civilian purposes...of course!

I'll see if I can find it.

[Purveyor]

4. Venezuela's president mulls nuclear energy development

MOSCOW, July 26 (RIA Novosti) - Venezuela's President Hugo Chavez said Wednesday his country might develop its own nuclear energy industry.

"We do not have the program at present, but we could use the nuclear energy for civilian purposes in the future," Chavez told a news conference upon arrival to Moscow.

The Venezuelan leader, who is on a visit to Russia as part of his European tour, earlier said he planned to sign an agreement Thursday in Moscow on the construction of a Kalashnikov assault rifle assembly plant in his country and was also considering the possibility of purchasing Tor M1 air defense missile systems from Russia.

[Cha]

3. So pooty poot and

Chavez get along? Poot doesn't have any snarky things to say to him? Maybe cause Chavez doesn't tell him how to Democratize his Country?

[BrotherBuzz]

5. Russia and China are brokering honest business deals with...

Venezuela almost daily while American companies are sidelined because of the idiot Bush* foreign policy.

You snooze, You Lose. :shrug:

[Webster Green]

6. And ChimpCo Inc. threatens Chavez, falsly calls him an evil dictator...

...Because Hugo cares about his people, was fairly elected, and is popular.

The chimp hates that kind of stuff.

[HereSince1628]

7. Cheney, Rummy and Condi are all believers in the cold war

Russian influence back in America's southern playground will make them crazy. I can see it in 2008... Russian supplied WMD's believed to be in Venezula.

[Webster Green]

10. Yep!.....Thats about right...

I would be very tempted to go join Hugo in his battle with the mutherfuckers.

[HereSince1628]

8. Cheney, Rummy and Condi are all believers in the cold war

Russian influence back in America's southern playground will make them crazy. I can see it in 2008... Russian supplied WMD's believed to be in Venezula.

[DemoTex]

9. Russia + Venezuela x ( BFEE) = Dead Chavez.

Mark my word. Bu$hco will go after Hugo. Hugo, check six. Hugo, be smart!

[w4rma]

11. American buisnesses should be doing this too, not forced to stay away

by whackjob Republicans who are holding out hope for window of opportunity to invade Venezuela.

[hadrons]

14. the same American businesses that keep giving to the GOP

screw 'em

[LynnTheDem]

12. Smart move, Russia. With China thinking of dropping the USD, it's

very smart to do likewise & invest elsewhere.

[gorbal]

13. I still wish they would go solar

Why not tranfer all that oil wealth into good clean solar and wind power? It's not like they don't have enough of either.

Yes it would irk Bush, which would be fun, but it would also give him a good excuse if he were ever to mull invading. Why not tick the neo cons off even more by developing a state of the art clean energy system and a fantastic economy and not given them anything to take to the media and say "See, it's our national security at stake here."

[RCinBrooklyn]

15. Very effective foreign policy by the U.S. It's doing wonders. n/t

[IndianaGreen]

16. and with the US military bogged down in Iraq

no one is dying from American bombs in Latin America.

[Judi Lynn]

17. Gazprom to Help Venezuela Develop 50-Year Gas Plan, PDVSA Says

Gazprom to Help Venezuela Develop 50-Year Gas Plan, PDVSA Says

July 28 (Bloomberg) -- Petroleos de Venezuela SA, Venezuela's state-controlled oil and gas company, said Russia's OAO Gazprom, the world's largest gas producer, will help Venezuela work out a plan to develop its gas industry over the next half century.

The two companies will devise ``a development plan of the gas sector for the next 50 years, a strategy which includes the development of the internal market as well as the process of regional interconnection,'' Petroleos said on its Web site.

A team of 100 Venezuelan and Russian technicians should complete the study project within a year, according to statement. The team is expected to log more than 300,000 man hours. The agreement was signed by Petroleos and Gazprom, Russia's state- controlled gas monopoly.

The agreement comes one day after Venezuelan President Hugo Chavez met his Russian counterpart, Vladimir Putin, in Moscow to discuss cooperation in oil and gas. Russian companies ``are making their first steps'' in the Venezuelan market and are prepared to invest billions of dollars, Putin told reporters yesterday in the Kremlin after a three-hour meeting with Chavez.
(snip/...)

http://www.bloomberg.com/apps/news?pid=20601086&sid=aZ1TsCuGwMmE&refer=latin_america