Russia, Venezuela ink several cooperation agreements

MOSCOW, Nov 27 (Prime-Tass) -- Russia and Venezuela have signed agreements on cooperation in the nuclear and electric power, shipbuilding, and oil sectors and an agreement on visa-free travel during Russian President Dmitry Medvedev's visit to Venezuela, ITAR-TASS reported Thursday.

The agreement on cooperation in the nuclear power sector includes uranium mining operations and the construction of nuclear power plants, said Sergei Kiriyenko, head of Russian state-controlled nuclear conglomerate Rosatom.

Russia's state-owned United Shipbuilding Corporation and Venezuela's oil company Petroleos de Venezuela SA, or PdVSA, have signed a memorandum of understanding. No details about the memorandum were provided.

Russia's natural gas monopoly Gazprom has signed an agreement with PdVSA to jointly develop the Ayacucho-3 block in Venezuela’s Orinoco oil belt.