Import Data News
- Venezuela to double crude supply to China
Date: 28-Mar-2007 Sources: (Shenzhen Daily)
VENEZUELA would double its exports to China, sending some 300,000 barrels per day (bpd) of crude in 2007, as both sides signed deals Monday. The terms of the contracts were not immediately clear.
Last year, the OPEC nation sold only 150,000 bpd of crude to China. A senior official said Friday Venezuela was looking to ship 1 million bpd by 2012.
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