Venezuela aims for China oil deal

25.03.2007 17:08
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#1 Venezuela aims for China oil deal
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Venezuela aims for China oil deal

Venezuela says it is working on a number of new oil deals with China, as it aims to reduce its dependence upon crude exports to the US.

The left-wing Venezuelan government said it would work with China National Petroleum Corporation to boost Chinese investment in its oil facilities.

It added that there were also joint plans to build a fleet of new tanker ships and three refineries in China...


http://news.bbc.co.uk/2/hi/business/6492833.stm


Don Olafio


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