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Venezuela Sweetens Terms for Gas Project

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    basil parmesan
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    Caracas Sweetens Terms for Big Gas Project

    Oil Daily (Friday, November 5, 2010)  Facing a natural gas deficit and a potential electricity crisis in the coming years, Venezuela’s government is renegotiating offshore gas contracts in an effort to attract international oil companies to partner with state firm Petroleos de Venezuela (PDV), the energy ministry tells Oil Daily.
     
    <CRandall comments : any country actually considering this …… should just make the money a gift to Chavez since he has stolen / taken all asset investments into his country across all industries and products over the last 5 years. And it is espcially true for US & EU companies. See partial listing nationalized assets in Energy topic.>

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