Rosneft Puts Up $2.6B For Stake In Venezuelan Oil JV
Rosneft will be a minority partner in the Petroleos de Venezuela SA-owned Carabobo-2 project. The oil development is in the Orinoco River's vast heavy crude belt.
The Russian firm will pay PDVSA $1.1 billion in two stages for the 40 percent stake, along with a loan...
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