Chavez Proposes Turkmenistan Join OPEC-Like Organization

Caracas - Venezuelan President Hugo Chavez proposed on Monday Turkmenistan join the planned Gas Exporters Organization, similar to the Organization of Petroleum Exporting Countries (OPEC).

According to the Venezuelan Foreign Ministry, Chavez made the proposal during a historical visit to Turkmenistan.

The idea of creating the Gas Exporters Organization was first put forward at the Gas Exporting Countries Forum in late 2008, and was supported by gas-rich nations Russia, Iran and Venezuela.

Turkmenistan is rich in oil and gas. President Gurbanguly Berdymukhamedov said his country has the fourth largest gas reserves after Russia, Iran and Qatar.

The visit by Chavez marked the first of a South American leader to Turkmenistan.

Before arriving in Turkmenistan, Chavez had visited Libya, Algeria, Syria and Iran.

Chavez started his 13-day eight-nation four on Aug. 30, which will also take him to Belarus, Russia and Spain.
 
 
 


 

 

2002 - 2009  INSIDECOSTARICA.COM   2133-1000 San José, Costa Rica  -  Subscribe to our newsletter!
E-Mail: [email protected]  Telephone: (506) 8845 5800  / (506) 2231 3205  Fax: (506) 2232 6337