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Home > 2007 > April > Thursday, April 26 2007 > Venezuela and Iran may create energy partnership

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Thu26Apr2007

Venezuela and Iran may create energy partnership

13:13 H | Topics: Politics - Venezuela - World

venezuela-iran03-a.jpgIn a move likely to ruffle some feathers in Washington, the Venezuelan government announced yesterday that it is studying the possibility of a future energy partnership with Iran with the creation of new electric companies:

The Minister of Basic Industries and Mines [of Venezuela], José Khan, told the ABN news agency yesterday that both governments are considering the possibility of creating electric companies in Venezuelan territory, according to AP.

"The [Iranian] businessmen that are here have manifested their interest in creating a mixed business which will allow Venezuela and Iran to produce the tools necessary for the electric company and for Petróleos de Venezuela," said Khan.

The possible partnership is just one more for Venezuela and Iran, who, according to Venezuela's El Universal, have already signed 162 agreements.

Via / El Universal

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