Lavrov comments on Syrian de-escalation zone agreementRussian Politics & Diplomacy July 24, 20:15
Iraq calls for closer cooperation with RussiaWorld July 24, 19:09
Russia develops laser-guided automatic landing system for dronesMilitary & Defense July 24, 18:22
Communist propaganda ban not aiming to dismantle Soviet WWII memorials, vows Polish envoyWorld July 24, 18:16
Situation with Siemens won’t affect Russian companies — energy ministerBusiness & Economy July 24, 18:11
Russian energy minister says oil prices may grow in 2017Business & Economy July 24, 17:31
Putin fills in Normandy Four on Russia’s approaches to key Minsk accord provisionsRussian Politics & Diplomacy July 24, 16:57
Normandy Four leaders call for ceasefire in DonbassWorld July 24, 16:29
Archstoyanie: Russia's largest land art festivalSociety & Culture July 24, 16:08
CARACAS, October 7 (Itar-Tass) — Venezuela’s President Hugo Chavez met late on Thursday visiting Russian Deputy Prime Minister Igor Sechin in charge of energy projects.
Earlier in the day Chavez had a TV link-up with Sechin who visited the Hunin-6 block in the Orinoco oil belt. The National Oil Consortium comprising Russian oil majors Lukoil, TNK-BP, Rosneft, Gazprom Neft and Surgutneftegas, and Petroleos de Venezuela set up the PetroMiranda joint venture in 2010 to develop Hunin-6.
“It is very important for you to see the Orinoco oil belt with your own eyes. Its wealth belongs to the people of Venezuela and helps them abandon hunger and poverty,” Chavez said.
Sechin said PetroMiranda in 18 months of its existence hired skilled personnel and obtained all the necessary permissions. “As a result physical work to implement the project has actually begun at the field. In December we shall begin drilling and I am convinced we shall produce the first oil in May next year if we stick to the approved schedule,” he said.
Chavez proposed to consider creating an international organization of four-five giant oil producing nations, including Venezuela and Russia, but said it would not rival OPEC.