Volgograd firms ready to build pipe-rolling factory in Venezuela

Volgograd enterprises are ready to participate in building a pipe-rolling factory in Venezuela as well as to supply the country with tractors, drilling equipment and buses, Itar-Tass learnt from press service head of the Volgograd Region administration Olga Trofimova.

A delegation of the Volgograd Region, led by Governor Nikolai Maksyuta, departed on Sunday for Venezuela on a reply working visit so as "to discuss further prospects for economic cooperation between the Volgograd Region and states of that country".

The main point of the visit is a meeting between Nikolai Maksyuta and Venezuelan President Hugo Chavez. During the first visit by Chavez to Volgograd in 2001, the sides signed the Agreement on trade, economic, scientific, technical and cultural cooperation between the Volgograd Region and the Bolivar State of the republic.

The Venezuelan president said during his second visit to Volgograd in June 2006 the following: "We intend to build an oil pipeline across all South America, and we shall need piping."

"The most important topics of talks by the delegation of the Volgograd Region in Venezuela is participation of Volgograd specialists in the project of the Pipe Metallurgical Company on designing, construction and operation of a pipe-rolling factory in Venezuela.

"The delegation intends to study possibilities of Venezuelans in the project of mining potassium salts and deliveries of potash fertilizers to that Latin American country as well as to establish partnership in the agro-industrial sphere. During the visit, it is planned to sign direct working documents between members of the business communities of the two countries," Trofimova went on to say.

The Volgograd delegation also intends to establish relations with the Russian diaspora in Venezuela to support fellow countrymen abroad.

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