Gazprom's huge Venezuela gas deal alarms US [View All]

[drduffy]

Gazprom's huge Venezuela gas deal alarms US

Conal Walsh
Sunday August 6, 2006
The Observer

Gazprom, Russia's state-controlled gas company, is risking a diplomatic row with the United States over a mooted multibillion-dollar pipeline investment in Venezuela.
The Russian gas giant is close to a deal on the project, according to Venezuela's firebrand President, Hugo Chavez, who has led opposition to US influence in Latin America.

News of the possible tie-up follows Gazprom's recently declared interest in investing in Bolivia, another regional enemy of the US, and is the latest sign of Moscow's deteriorating relationship with Washington.

It comes after the Russian President, Vladimir Putin, failed at the G8 summit in St Petersburg in July to secure American support for its entry to the World Trade Organisation.
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I don't post articles but rarely but I thought this might interest some.
http://observer.guardian.co.uk/business/story/0,,1838002,00.html