Middle East Economic Survey
VOL. XLVII
No 26
28-June-2004
PDVSAs International Operations Fail To Provide Revenues For Venezuela, Claims Report
PDVSAs web of international refining and marketing operations are in reality nothing more than a mechanism to import foreign costs to Venezuela while transferring domestic earnings abroad, according to independent consultant Juan Carlos Boué. In the report The Internationalization Program Of Petroleos De Venezuela SA (PDVSA), commissioned by the UK...
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