Russia to supply Venezuela with 10 oil tankers: report

22nd September 2010, Comments 0 comments

Russia will supply Venezuela with 10 crude oil tankers for 700 million dollars (535 million euros), a spokesman for Russian shipbuilder OSK was quoted Wednesday as saying by RIA Novosti news agency.

"The agreement is for the supply of 10 tankers to Venezuela by 2016," said Igor Ryabov of United Shipbuilding Corporation, or OSK in Russian.

Seven of the tankers will be built in Russia and three in South Korea, where OSK has a joint venture agreement with Daewoo.

Venezuelan President Hugo Chavez and Russian Prime Minister Vladimir Putin signed a series of defence and energy deals in April including for the supply of oil tankers and jets for Venezuela's air force.

© 2010 AFP

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