"This is a petrochemical revolution, rather than atomic bombs. In three days, (Iranian President Mahmoud) Ahmadinejad, is visiting Venezuela, and some people will say we are moving to build atomic bombs," Sunday said President Hugo Chávez in El Tablazo Petrochemical Compound, northwestern Zulia state.

According to press reports quoting Iranian authorities on Sunday, Ahmadinejad is visiting both Venezuela and Bolivia. But the sources refused to disclose further details. The visit to the Latin American countries comes as part of a tour that is also taking the Iranian ruler to New York, where he is speaking before the Annual Assembly of the United Nations next Tuesday.

"Our support and solidarity for the Iranian people. We will be pleased to welcome President Ahmadinejad in a few days. He is honoring us with his presence. This is your house, Mr. President, and the house of Iranians too!" said Chávez.

This is the second visit the Iranian ruler pays to Venezuela, while Chávez has visited Iran three times.