Venezuela Extends Russian Oil Joint Venture Agreements By 15 Years
Energy, Exports, Latin America, TradeThe Venezuelan parliament has approved a 15-year extension of joint ventures between Venezuelan state-owned company PDVSA and Russian oil firm Roszarubezhneft, according to a statement on the Venezuelan National Assembly’s website. The extension, announced on Thursday (November 20), allows the joint ventures operating oilfields in western Venezuela to continue until 2041, with lawmakers estimating roughly […]
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