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India to invest $400 mn in Venezuela oil project

thaindian.com » 2008 » April » 9th » India to invest $400 mn in Venezuela oil project

Tagged: uncategorized, murli deora, rafael ramirez, petroleos de venezuela, pdvsa, orinoco belt, developing economies, san cristobal, cabinet minister, venezuela oil, next five years, efe news agency, joint venture company

Caracas, April 9 (IANS) India will invest about $400 million in Venezuela over the next five years following an accord signed here Tuesday for the joint exploitation of an oil and natural gas deposit in the petroleum-rich Andean nation’s Orinoco belt region. The pact calls for the creation of a joint venture company - Petrolera [...] … Continue Reading »

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