45 billion worth of investments in the Orinoco belt.
The first, DP Delta Finance, should provide $1.13 billion of financing for a joint venture with Venezuelan company Delta Petroleum.
Over the next five years, PDVSA plans to boost production at Petrodelta to 110,000 barrels per day from 40,000 bpd. Petrodelta is 40% owned by Delta Petroleum.
Delta Petroleum became a partner in Petrodelta after buying out Houston-based Harvest Natural Resources.
