Thursday, May 30, 2013


Venezuela to sign loan agreement with China oil company CNPC

Details of the loan were furnished earlier this month during a visit of the Chinese vice-president to Venezuela.

The president of Venezuelan state-owned oil company Pdvsa, Rafael Ramírez, is to travel to Beijing next week to initial a loan agreement amounting to USD 4,000 with China National Petroleum Corporation (CNPC), a source from the company said on Wednesday.

Talks concerning the credit were held in mid-May during a visit to Venezuela by Chinese Vice-President Li Yuanchao.

Pdvsa stated that the line of credit will allow boosting production of heavy and extra-heavy crude oil from 130,000 barrels per day (bpd) to 330,000 bpd at China-Venezuela joint venture Petrolera Sinovensa, operating in Carabobo 2 block at the Orinoco Oil Belt.

Ramirez is expected to visit Beijing also to address joint initiatives in petrochemical projects related to the production of 20 million bpd of gas condensate to be used in the Paraguaná Refinery Complex in the state of Falcón, northwest Venezuela.

Tags : , , ,



The idea behind the text.
Respect for the truth is almost the basis of all morality.
Nothing can come from nothing.


Popular Topics


Well, the way they make shows is, they make one show. That show's called a pilot. Then they show that show to the people who make shows, and on the strength of that one show they decide if they're going to make more shows.

Like you, I used to think the world was this great place where everybody lived by the same standards I did, then some kid with a nail showed me I was living in his world, a world where chaos rules not order, a world where righteousness is not rewarded. That's Cesar's world, and if you're not willing to play by his rules, then you're gonna have to pay the price.

You think water moves fast? You should see ice. It moves like it has a mind. Like it knows it killed the world once and got a taste for murder. After the avalanche, it took us a week to climb out. Now, I don't know exactly when we turned on each other, but I know that seven of us survived the slide... and only five made it out. Now we took an oath, that I'm breaking now. We said we'd say it was the snow that killed the other two, but it wasn't. Nature is lethal but it doesn't hold a candle to man.

You see? It's curious. Ted did figure it out - time travel. And when we get back, we gonna tell everyone. How it's possible, how it's done, what the dangers are. But then why fifty years in the future when the spacecraft encounters a black hole does the computer call it an 'unknown entry event'? Why don't they know? If they don't know, that means we never told anyone. And if we never told anyone it means we never made it back. Hence we die down here. Just as a matter of deductive logic.