World
Gazprom to start drilling for gas in Venezuela
Alexander Medvedev, deputy chairman of the Russian energy giant's management committee, said the opening ceremony will be attended by Venezuelan President Hugo Chavez and Russian Deputy Prime Minister Igor Sechin as well as representatives of Russian companies.
In 2005, Gazprom won a tender to prospect and develop natural gas blocks Urumaco 1 and Urumaco 2 in the Gulf of Venezuela as part of the Rafael Urdaneta project.
Chavez earlier said that the Gulf of Venezuela boasted natural gas reserves of 100 billion cubic meters. The Venezuelan leader urged other countries to take part in exploration drilling in the territorial waters of Venezuela.
Venezuela's proven natural gas reserves amount to 4.1 trillion cubic meters. The Latin American country holds the second-largest natural gas reserves in the Western Hemisphere after the United States.

Add to blog
You may place this material on your blog by copying the link.
Publication code:
Preview:

Send by e-mail
Leave a comment
Most read
Top multimedia

Image Galleries: Carina Nebula seen in a new light

Video: Hungry Moose Approach People From Moscow Forest Park

Infographics: Password generator

Cartoons: They Shoot Doctors, Don`t They?








