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Message: Re: EZ
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Icon president EZ
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Oct 03, 2010 08:31PM

jj,

Apparently he is going to China soon:

http://en.rian.ru/world/20101004/160816662.html

Venezuelan leader Hugo Chavez will head for Russia on October 11, Venezuelan news agency AVN reported.

Chavez's visit to the Russian capital - his ninth - will be part of his international tour.

"I am leaving for Russia October 11... and then I am going to head for China," AVN quoted him as saying.

The outspoken Venezuelan leader last visited Moscow in September 2009, when he announced that his country recognizes the independence of the former Georgian republics of South Ossetia and Abkhazia.

Earlier Latin American media reported that Chavez's visit agenda includes Belarus and Ukraine. Reuters said he also plans to drop in at Iran.

MOSCOW, October 4 (RIA Novosti)

http://www.channelnewsasia.com/stories/americas/view/1084943/1/.html

Venezuela's Chavez to visit China, Russia, Belarus, Iran
Posted: 04 October 2010 0932 hrs

CARACAS: President Hugo Chavez said Sunday that he will travel soon to Russia, Belarus, China and Iran; four countries with which Venezuela has sought close political and economic ties in recent years.

Chavez did not immediately offer specific dates.

"In a few days, I will be travelling to Russia. We have important projects with Russia," Chavez said.

A bilateral finance bank to which Russia and Venezuela agreed two years ago could be ready to launch on time for the visit, he said.

"A few days ago, I received a letter from the Russian president (Dmitry Medvedev) in which he was insisting that we iron out the technical and financial details of the bank. It is very likely that when I get to Moscow it will be ready," Chavez said.

China and Venezuela have also boosted their economic cooperation; they have a 12-billion-dollar joint finance fund. Beijing has said it will spend 16 billion dollars on a heavy crude well in the Orinoco delta area, in the east of Venezuela, an OPEC member and South America's biggest oil producer. -AFP/ac

http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201009281019dowjonesdjonline000200&title=venezuelas-chavez-plans-trip-to-chinaa-growing-partner

CARACAS -(Dow Jones)- President Hugo Chavez said he's planning a trip to China before December, and said that by 2012 his government will be sending the Chinese 1 million barrels a day of crude oil.

"We're going to go to China with lots of enthusiasm," he told reporters late Monday. "It's a country that has become a strategic ally for Venezuela."

The Venezuelan government currently ships around 400,000 barrels a day to China, and Chavez said that "we're now headed for half a million" barrels a day. By 2012, he said, China would be receiving a full 1 million barrels a day of Venezuelan crude.

Chavez's plans to increase oil shipments to China are part of a plan to reduce the need to sell to the U.S., which currently gets close to 1 million barrels a day from Venezuela, making it Venezuela's top buyer. Chavez is an outspoken critic of the U.S. government, which he says engages in imperialism.

Venezuela's president, a socialist who says he has a "deep respect" for China, said he hoped his visit would dovetail with "the start of construction of the first Venezuelan refinery in China."

China National Petroleum Corp, or CNPC and Venezuela's state-run Petroleos de Venezuela SA, or PDVSA, plan a major refinery in southern China's Guangdong province to process Venezuelan oil.

-By Dan Molinski, Dow Jones Newswires; 58-414-120-5738; dan.molinski@ dowjones.com

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