Venezuelan President Hugo Chavez has offered his country's oil expertise to Angola, sub-Saharan Africa's No. 2 crude producer, in a strategy to boost ties with what he calls "Mother Africa" and counter U.S. influence there.
In his first visit to Angola on Thursday, the Venezuelan leader witnessed the signing of a bilateral oil cooperation accord between his country, the world's fifth largest oil exporter, and one of Africa's fastest growing producers.
The agreement, signed by the respective oil ministers, foresees cooperation in all aspects of the oil and gas industry, including possible joint production and refining projects, according to a copy of the text sent to Reuters.
The text said the accord could be implemented through the respective national state oil companies, PDVSA of Venezuela and Sonangol of Angola.
http://today.reuters.co.uk/news/articlenews.aspx?type=worldNews&storyID=2006-09-01T115138Z_01_L01610958_RTRUKOC_0_UK-ANGOLA-VENEZUELA.xml&archived=False
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