Wednesday, June 20, 2007

Venezuela sees oil majors signing accord this week

(Reuters) - Energy Minister Rafael Ramirez also said he expected negotiations to end this week, bringing forward by a few days a deadline the government set for the takeover of their four heavy-crude upgrading investments in the Orinoco oil belt.




"We are going to make the announcements this week," Ramirez said in an interview during an event near the Venezuelan coast celebrating a nationalization in the electricity sector.


Read more at Reuters.com Business News

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