China’s near-term heavy oil strategies pointed at Venezuela

email Email  Print Print   Reproduction
Sun, Aug 17, 2008
Heavy Oil Market News
Post by Melissa Pistilli, Heavy Oil Senior Reporter

PetroChina vice president Song Yi-wu indicated that China’s near-term heavy oil strategies are pointed directly at Venezuela, where a “warm-hearted” President Hugo Chavez has taken steps to nationalize oil operations.

Song said:

China is building energy security for its people in “politically friendly” countries, which include Venezuela, Saudi Arabia, Russia and a host of Asian and African nations – Burma, for example, and Sudan.

For more information, click here

 

All content Copright 2011 Dig Media Inc. Disclaimer

Please see the comment policy for information on comment moderation.
Asides

Get our exclusive independent commentary on heavy oil trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »

Simply fill in your name and email to make better investment decisions.

Privacy Policy - Close this banner

x
Please enter a valid email.

Information