Iran, Venezuela Sign Energy, Trade Agreements, Press TV Says
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Iranian and Venezuelan officials signed yesterday 11 agreements promoting co-operation in areas including oil, natural gas, textiles, trade and public housing, Press TV reported, without saying where it got the information.
Iran and Venezuela also agreed to set up a joint oil shipping company and jointly construct petrochemical plants, said the state-run news channel’s website. Venezuela’s state oil company Petroleos de Venezuela SA will also participate in the exploitation of Iran’s South Pars natural gas field, the report said without giving details of the projects.