Chavez: Venezuela Is A Major Player In Multi-Polar World

Caracas -  Venezuelan President Hugo Chavez on Sunday described his country as an energy giant to be reckoned with in the world.

Chavez, fresh from an 11-day trip to Africa, Asia and Europe, made the remark during his routine "Alo, Presidente" TV/radio program aired on Sunday.

"We are known as an energy giant playing with audacity," said the president. "Certainly there is a clearer vision now in the world, where sovereign Venezuela is to have its presence helping to move the forces around."

Chavez's trip to Libya, Algeria, Syria, Iran, Turkmenistan, Belarus, Russia and Spain netted the resource-rich country energy deals worth billions of U.S. dollars.

Venezuela and Russia signed an energy deal on jointly producing450,000 barrels of extra heavy oil from Venezuela's Orinoco Oil Strip.

The two countries also agreed on a technology transfer to help Venezuela produce liquefied natural gas which will be used by high-traction motor vehicles in places of low resources.

Venezuela signed with Iran an energy deal worth 760 million dollars to extract natural gas from the Persian Gulf.

Chavez told the public that he had also signed contracts to purchase military equipment from Russia.

"We do not have anything to hide and nobody takes this as an aggression," said Chavez. "We have many (oil and natural gas) reserves to justify an invasion."

Venezuela is to get 92 T-72S tanks, and an S-300 Antey-2500 anti-air defense system including radars and Smerch surface-to-air missiles with a shooting range of 90 kilometers, the president said

Since 2006, Venezuela has bought some 4.4 billion dollars worth of Russian military equipment.

Apart from the energy and military equipment deals, Chavez also disclosed that his country would form an Iran-Venezuela bank with a joint financing of 200 million dollars.

"We are creating a complementary architecture of finance for the multi-polar world," said the president, adding that his country is achieving its fundamental goals on both domestic and overseas fronts.
 
 
 


 

 

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