Venezuela a wond S Africa sign deal updates news aggregator

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venezuelan president hugo chavez signed the agreement while on a strate visit to south africa .

in january, electricity shortages forced south africa's gold and platinum mines to shut for five days .

it will be a wonderful day, the day when the first venezuelan tanker will stop by to leave oil for south africa, mr chavez said .

reports said the deal likely included plans for oil-rich venezuela to supply crude to south african oil firm petro sa at preferential rates .

Generated 2008-9-4_17:45

http://news.bbc.co.uk/go/rss/-/1/hi/business/7594271.stm
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