| July 2006 |
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An organization has pledged to give Yukos a life-line by repaying its debts and becoming the embattled oil company's owner, the Yukos board chairman 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.
Venezuela's president said Thursday his country hopes for Russia's aid in the construction of a $20-billion natural gas pipeline. 



