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Venezuela assures assistance to India in attaining energy security

NEW DELHI, April 10 (KUNA) -- South American Oil-rich nation of Venezuela Thursday assured India of full cooperation in attaining energy security. President Hugo Chavez of Venezuela today assured visiting Petroleum Minister Murli Deora at Caracas, of full cooperation in addressing IndiaLs energy security, an Indian Petroleum Ministry statement said here. President Chavez expressed his happiness with the on-going bilateral cooperation in the oil sector and assured his support for more projects, according to the statement. Stressing the importance of relations in the hydrocarbon sector, President Chavez also emphasised that there are many more areas like industry, health, pharmaceuticals, science and technology, etc in which two countries could move forward. He said the initiatives already taken by Venezuela and India highlight that a lot more can be achieved by exchanging enhanced level of interaction by the two nations. It was agreed that the India-Venezuela Joint Commission meeting would held shortly and finalise the detailed agenda for cooperation. According to the statement, Deora handed over a letter from the Indian Prime Minister Dr Manmohan Singh to President Chavez. He stressed the need for further expanding cooperation in the oil sector evincing IndiaLs interest to participate in the development of upstream, refining and gas marketing and distribution of Venezuela besides providing training to its oil technologists. (end) dr.bz.
KUNA 101858 Apr 08NNNN