Tag: Petroleos de Venezuela SA
Venezuela and Vietnam plan refinery expansion
Petroleos de Venezuela SA and state-run Vietnam Oil and Gas Group (PetroVietnam) have agreed to join a project to upgrade the country's sole refinery. They will work together, selling refined oil products to the Asian market. The PetroVietnam-PDVSA refinery agreement coincides a string of similar multi-billion-dollar pacts seen elsewhere in Asia
Chavez to sign LNG deal
Venezuelan president Hugo Chavez, Shell and Mitsubishi will sign a contract to build and operate the USD 2.5 billion liquified natural gas facility on the Paria peninsula.
