Middle East Economic Survey


No 6


Venezuela Signs Five Energy Agreements With China

Venezuela has signed five energy agreements with China focused on upstream development and the supply of crude oil and Orimulsion by Venezuela to China. According to a statement released on 30 January by the Energy and Oil Ministry, Venezuelas Energy Minister and PDVSA President Rafael Ramirez and the President of China National Petroleum Corporation (CNPC), Chen Geng, signed deals...