Russia’s Medvedev to discuss oil consortium in Venezuela

A (Reuters) – Russian President Dmitry Medvedev will discuss the creation of a joint consortium to further develop the Orinoco oil field during a visit to Caracas on Wednesday, the deputy head of gas giant Gazprom said.

“The consortium will be the main theme (of energy talks in Caracas),” Gazprom’s (GAZP.MM: Quote, Profile, Research, Stock Buzz) deputy head Alexander Medvedev told reporters on Saturday.