Venezuela's President Hugo Chavez said that Petroleos de Venezuela, or PdVSA, and Belarus' Belorusneft plan to double their joint production which now stands at 20,000 barrels of crude a day.
"We produce 20,000 barrels of crude a day in three fields and we're going to add another three fields so we can double that output," Chavez said in remarks televised Wednesday by state-owned television channel Venezolana de Television.
Since 2007, both countries have signed a series of accords particularly in the areas of mining and energy. Chavez said both partners are doing what's necessary to launch a mining truck manufacturing company, among a host of other business projects.
During his time in office, Chavez has cemented ties with Russia, Belarus, China and Iran in what the president calls a policy to foster a multipolar world where the U.S. has a limited influence.