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Putin and Chavez discuss energy, defence
Published in Saudi Press Agency on 02 - 04 - 2010


Russian Prime Minister Vladimir Putin arrived in
Venezuela today to discuss energy and defence issues with
President Hugo Chavez, dpa reported.
Putin was also to meet with Bolivian President Evo Morales, who
like Chavez is a strong opponent of US policy in the region.
The highlight of the one-day visit, Putin's first to the country,
will be a joint venture - between Venezuelan state oil company PDVSA
and a consortium of Russian firms including Gazprom and Rosneft - to
pump oil from Venezuela's Orinoco belt.
Venezuelan Energy Minister Rafael Ramirez has said that the
venture could being producing 50,000 barrels a day by the end of the
year.
In recent years, Venezuela and Russia have steadily been
strengthening their defence ties. Between 2005-07, Venezuela has
bought 4 billion dollars worth of Sukhoi jet fighters, helicopters,
armoured cars and tanks and Kalashnikov assault rifles.
The thrust to renew military equipment intensified when tensions
were high during the administration of former US president George W
Bush, who Chavez insisted was planning an armed invasion to overthrow
him.
Under Bush, Washington enforced an arms embargo on Venezuela, thus
rendering inoperative a squad of F-16 combat planes the country had
purchased in the early 1980s.


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