Representatives of the Venezuelan oil
company PDVSA and the China National Petroleum Corporation (CNPC) reviewed the
scope of their Petrosinovensa joint venture and other joint projects aiming at
accelerating oil production. The meeting was held at the PDVSA facilities in
Caracas, where the Oil Minister and PDVSA's chairman Manuel Quevedo hosted Jia
Yong, president of CNPC America and representative of CNPC for Latin America. "China
and Venezuela are strategic allies to consolidate our nation as a power. We
will continue advancing and working, and in the next meeting, which will occur
after January 16, we will establish the advances of this very positive
meeting," Quevedo said. More…
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