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Russia's energy company Rosneft will extract gas offshore in Venezuela and build a liquefied natural gas (LNG) plant in the country

28 December, Tuesday
Russia's energy company Rosneft will extract gas offshore in Venezuela and build a liquefied natural gas (LNG) plant in the country, company's CEO Igor Sechin said Tuesday.MOSCOW (Sputnik) — Rosneft and Venezuelan PDVSA have signed an agreement on the basic terms of a joint venture for the extraction, preparation and monetization of gas fields of Patao, Mejillones and potentially of Rio Caribe. Venezuelan Petroleum and Mining Minister Eulogio Del Pino said that PDVSA and Rosneft might sign documents on the establishment of a joint gas project in Venezuela within two months, possibly in July, during a Venezuelan visit of Igor Sechin on May 22-24.


Sputniknews.com

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