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15 October 2010

VENEZUELA/RUSSIA: Nuclear And Oil Deals Signed.

AFP/    In a $1.6 billion usd deal, Russia will buy a 50% stake in German refinery firm Ruhr Oel from state-owned PDVSA.
    It also agreed to build two 1,200 megawatt nuclear reactors at a new plant in Venezuela. The nuclear plant will  be built over the next 10-15 years. No cost for that deal was revealed.
   It was Chávez's 9th visit to Moscow.