Venezuela has 513 billion barrels of oil, twice as much as Saudi Arabia, according to a report released in January, but Hugo Chavez says he wants nuclear technology for when the oil runs out. Of course, Chavez says he doesn't want an atomic bomb. Only Russian Prime Minister Vladimir Putin is dumb enough to believe him.
Chavez said Moscow and Caracas would strengthen security ties to "continue increasing Venezuela's defense capability" and move ahead with cooperation on nuclear energy.
"We are not going to build the atomic bomb but we will develop nuclear energy for peaceful purposes. We have to prepare for the post-petroleum era," Chavez said on Thursday.
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