Skip to main content
Black Listed News

Resource Wars: Russia Plans Oil, Gas Projects In Venezuela

Published: January 30, 2013
Share | Print This


Source: RFERL

Russia and Venezuela will deepen their energy cooperation, according to the chief executive of the Russian energy company Rosneft.

Igor Sechin said the company plans to invest about $10 billion in Venezuela in the coming years.

He was speaking on January 29 on a visit to Caracas.

In the Venezuelan capital, officials from both countries signed five documents laying out plans for offshore natural gas and oil projects, as well as the creation of a new joint company for the purchase of Russian-made oil drills.

Venezuelan Oil Minister Rafael Ramirez said that Russian and Venezuelan companies plan to invest nearly $47 billion in the next six years, while increasing production in oil projects involving Russian companies.

Share This Article...


Subscribe To Updates
Blacklisted Newsletter
Blacklisted Radio
Blacklisted Nation
On Twitter
On Facebook
The DoomCast
Podcasts on Demand
Podcasts on Spreaker
Podcasts on Youtube
Podcasts on iTunes
Podcasts on Stitcher
Podcasts on Tunein
Podcasts on Roku

Support Us
Donate Today!

Affiliates
Shop Amazon
Golden Eagle Coins
6 Dollar T-Shirts
DHGATE.COM
The Ready Store
Onnit Labs
Audible Audio Books
Blue Host




BlackListed News 2006-2014