Tag Archives: International Companies

Maduro plans to create four economic zones for working with Petro.

Those urgent fiscal measures have had a positive impact.

Venezuelan crudes are mainly used for asphalt production in China. the demand for which peaks over September-November.

The final stage of the 3500 km (2200 miles) corridor. would be reviewed along with some other major projects.

The plant’s capacity also could be increased from planned initial volumes.

Russia has for years been trying to build new gas pipelines that bypass Ukraine such as Nord Stream.

Oil is the financial lifeline for the embattled socialist government of President Nicolas Maduro.

Falling production from Venezuela has contributed to a rally in global oil price Brent to nearly $80 a barrel.

OMV is one of four Western partners to Gazprom’s Nord Stream 2 project to export gas to Western Europe through Germany.

TANAP will be laid from the Georgian-Turkish border to the western border of Turkey.