Chavez seeks Iran oil investment:

Hugo Chavez, the Venezuelan president, has invited Iran to invest in his country's oil and gas industries during talks with Mahmoud Ahmedinejad, the Iranian president.

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Iran Min: To Spend $4 Billion In 2 Venezuela Oil Fields :

Iran's state-owned Petropars oil and gas company is investing around $4 billion in the explorations and developments of two oil fields in Venezuela, Iran's Oil Minister Kazem Vaziri Hamaneh said Sunday.

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