Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
Kenya, Venezuela sign oil exploration cooperation deal
+ -
08:23, September 29, 2009

 Related News
 Oil climbs on U.S. equities jump
 Central African countries to intensify co-op against global crisis
 Venezuela to inject $4 bln to South Bank
 Iraqi MP wants reported purchase of oil shares of Kurdistan minister probed
 Kenyan leader protests US over letters
 Comment  Tell A Friend
 Print Format  Save Article
Kenya and Venezuela have signed an agreement setting the stage for cooperation in oil exploitation and supply.

A statement from Kenyan vice president's office said on Monday the agreement also calls for the exchange of technical expertise on energy matters, including exploitation of the renewable sources of energy.

The agreement, which has been pending for the last two years, was initiated by Energy Minister Kiraitu Murungi and was signed by Venezuelan Vice President and Minister for Energy and Petroleum Rafael Ramirez and Kenyan Vice President Kalonzo Musyoka.

During the ceremony, Ramirez said because the distance between Venezuela and Kenya was long, Venezuela was considering supplying affordable oil to Kenya from partners close to East Africa.

Musyoka who is attending the second Africa-South America Summit in Venezuela, said the signing of the agreement affords Kenya the opportunity to access critical expertise in its quest to strike oil of its own as well as the possibility of getting access to cheaper oil supply.

"It's our intention to engage the countries of South America for the benefits of the people of Kenya," Musyoka said.

The vice president also held bilateral discussion with President of Chile Michelle Bachelet who told Musyoka that her country will be holding a regional conference on agri-business in East Africa in late October.

Musyoka invited Bachelet to bring business delegates from Chileto Kenya so that they would explore the possibility of investing in Kenya.

In his meeting with Algerian President Abdelaziz Bouteflika, Musyoka thanked the government of Algeria for its budgetary supports for the Africa Union.

"The African Union is as strong as its today, largely due to the financial support extended by your country and the continent is grateful for this," Musyoka said.

President Bouteflika lauded the strong ties between his country and Kenya. He said his country would explore the possibility of increasing imports from Kenya so as to boost the trade between the two countries.

Musyoka also met Argentine President Kristina Kirchner who pledged to support Kenya in her anti-piracy effort especially by training personnel in marine protection.

Musyoka also met the vice president of Malawi, in which they discussed Malawi's succession of attaining food security.

Malawian Vice President Joyce Banda who was once Malawi's ambassador to Kenya said her country's investments in agricultural subsidies paid off handsomely, hence urged Kenya to emulate the Malawian experience.

Source:Xinhua



  Your Message:   Most Commented:
Indian media stinks up public opinions
Which country has the most beautiful women?
World's top ten most mysterious and horrible spots
How do India's middle school textbooks portray China?
China denies entering other countries' airspace

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90778/90858/90866/6772131.pdf