In the framework of the 6-th Russian-Venezuelan intergovernmental commission high-level Energy Minister Sergey Shmatko and the Minister of Energy and Petroleum of Venezuela, Rafael Ramírez signed August 15 in St. Petersburg, a memorandum of understanding aimed at the realization of joint projects of two countries in the use of petroleum coke.
The memorandum deals with the study of the use of petroleum coke produced in the Republic of Venezuela, the electric power, petrochemical, and refining industries on the basis of Russian experience, as well as evaluation of appropriate technologies. The signed document envisages that the two states on behalf of the work in this area will be carried out by JSC INTER RAO UES and the Venezuelan state oil company Petroleos de Venezuela SA ( PDVSA), said INTER RAO.
Among the possible areas of cooperation the two companies - evaluation and characterization of sources of production of petroleum coke in Venezuela; assessing the use of petroleum coke to produce electricity, in the petrochemical and refining, as well as for other industrial uses, including in the steel and the cement industry, identifying and /or develop the most appropriate technologies for the processing of petroleum coke, identifying sources and financing schemes promising projects in the study of technology use petroleum coke, and feasibility of establishing a joint enterprise to implement them.
Work in this direction will enable the parties to not only strengthen the cooperation of the Russian Federation and the Republic of Venezuela in the field of electricity, but also to begin a more detailed discussion and harmonization of conditions of the project to build a power plant in the region, using petroleum coke as a fuel, it is noted in message INTER RAO.
According to the November 26, 2008 between the Government of the Russian Federation and the Government of Venezuela Agreement on cooperation in energy, JSC INTER RAO UES, defined by the authorized company of the Russian side to promote cooperation with the Republic of Venezuela in the field of electricity.
The total installed capacity of power plants owned and managed by JSC INTER RAO UES, is about 18 000 MW. The company is actively investing activities, took the dominant position in Russia in the sphere of export and import of electricity.
The authorized capital of JSC INTER RAO UES is 227 billion 411 million 385 thousand rubles. 57.3% of the authorized capital of the company are owned goskorporatsii Rosatom and under its control of OJSC Concern Energoatom.
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