Market intelligence, trend analysis and forecasts for the Oil and Gas industries across the regions

Industry / Venezuela

Enarsa Adds Another Notch To Its Orinoco Belt

January 2012 | Industry News

Argentina's Enarsa is set to expand its Orinoco portfolio after agreeing to undertake a US$2.2bn joint venture with PdVSA. The lion's share of the funding is likely to come from Argentina's state-run oil company given that PDVSA continues to struggle to raise sufficient capital to finance large-scale projects - both in the upstream and downstream segments.

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