Russian President Dmitry Medvedev will arrive in Venezuela for talks with U.S. critic President Hugo Chavez, designed to boost cooperation in the energy sector. For full story, click here
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Cooperation between Venezuela’s Petroleos de Venezuela & Russia’s largest energy firms, is expected to be part of the agenda. Russian energy minister Sergei Shmatko said: The consortium, to be set up next spring, will include Russia’s Gazprom, Rosneft, TNK-BP, Surgutneftegaz and LUKoil, and that investment from the Russian companies would total tens of billions of dollars. [...]