Inter RAO may sell 250 mln dlrs worth of gas turbines to Venezuela.

CARACAS, April 3 (Itar-Tass) -- The Russian company Inter RAO may
conclude a 250-million-dollar contract within four to six weeks to supply
gas turbines to Venezuela, the company's acting CEO, Boris Kovalchuk, told
the media.
"We have agreed on the supplies of gas turbines, and the main contract
is to be concluded in a month's time, in six weeks at the latest," he
said. Kovalchuk said the future contract would concern ten generators with
a capacity of 25 megawatts and ten 6-megawatt units.
Also, the company had signed a document with Venezuela's PDVSA
envisaging the possibility of building an oil coke-fueled power plant in
Venezuela. This power facility may have a capacity of 500 megawatts.
Venezuelan specialists will spend six months studying the Russian
technologies and a contract is expected to be signed after that.
Kovalchuk said that within a three-month deadline Inter RAO would
lease to Venezuela two gas turbines with an aggregate capacity of 50
megawatts.

.Venezuela may build nuclear plant with Russian support.

CARACAS, April 3 (Itar-Tass) -- Venezuela may build its first nuclear
power plant with Russia's support, President Hugo Chavez said.
"We shall be prepared to start drafting the first NPP project," he
said adding that such a possibility was envisaged by one of the
just-signed memorandums of cooperation.

.Russia, Venezuela agree on 1 bln dlr energy projects.

CARACAS, April 3 (Itar-Tass) -- Russia and Venezuela have practically
agreed on Russian partners' involvement in a number of new energy
projects, and the bonus in question is one billion dollars, Russian Prime
Minister Vladimir Putin told a news conference in Caracas.
"An agreement has been practically achieved on the participation of
Russian partners in a number of there energy projects, and the bonus in
question is one billion dollars," he said.

.Putin for multi-polar world based on international law.

CARACAS, April 3 (Itar-Tass) -- Russian Prime Minister Vladimir Putin
has said he would like to see a multi-polar world based on international
law, and not the force of arms.
"Our goal is to make the world more democratic, balanced and
multi-polar, to make it a place where everybody is treated on equal
footing," Putin told a news conference following talks with Venezuelan
President Hugo Chavez.
In his opinion such a world must rely not on the force of arms, but on
international law.

.Russia prepared to extend 2.2 bln dlr loan to Venezuela - Putin.

CARACAS, April 3 (Itar-Tass) -- Russia is prepared to extend a
2.2-billion-dollar loan to Venezuela, Prime Minister Vladimir Putin told a
news conference in Caracas.
"The Ministry of Finance had considered this request and at today's
meeting I told the president Chavez that Russia would be prepared to
provide these financial resources," he said. "Venezuela has not used this
offer yet, and it has not taken a single dollar of the offered credit
resources."

.Russian consortium may join development of Venezuela's oil blocks.

CARACAS, April 3 (Itar-Tass) -- Russia and Venezuela have signed a
protocol of intent to include Russia's National Oil Consortium in the plan
for the development of the Ayacucho-2, Ayacucho-3 and Junin-3 oil blocks.
The National Oil Consortium, consisting of five Russian companies, was
established for the Junin-6 project. However, it had not been ruled out
from the outset that it might be invited to join other projects.
Junin-3 is a large oil field constituting part of the heavy crude
Orinoco river oil belt. It measures 640 square kilometers in area. Experts
say its geological reserves contain 2.5 billion tonnes of crude oil.
Ayacucho-3 is estimated by Russian specialists at one billion tonnes,
but the recoverable reserves do not exceed 170-180 million tonnes, because
oil there is of very high viscosity. Venezuela says Ayacucho-3 is as big
as five billion tonnes of oil.
Exploration at the Ayacucho-2 deposit is still in progress.
Russia's National Oil Consortium was established by LUKOIL,
Surgutneftegaz, TNK-BP, Rosneft and Gazpromneft.

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