PDVSA signs $4bn loan with China

PDVSA on Monday said it signed a $4.02 billion loan agreement with China’s Development Bank to increase production at the Sinovensa heavy oil joint venture in the country’s Orinoco belt, according to a report.

PDVSA loan: Venezuela company in agreement with China development bank
PDVSA loan: Venezuela company in agreement with China development bank
Published 3 June 2013, 22:46Updated 3 June 2013, 22:46