Radar > 226417

PDVSA and Rosneft reach agreement for Strategic Plan for Investments in oil and gas

PDVSA y Rosneft acuerdan llevar a cabo un Plan Estratégico de Inversiones en petróleo y gas

Intel ID : 226417
Synopsis

PDVSA, a Venezuela-based company engaged in oil extraction and marketing, and Rosneft (MICEX: 0386; RTS: 600028), a Russia-based oil company, reached an agreement to carry out a Strategic Plan of Investments in oil and gas, as reported by newspaper Prensa Libre on 21 June 2015. The financial details were not disclosed.

One of the items discussed at the meeting was the creation of a joint venture aiming to build and operate the natural gas production infrastructure, however the dates and new company's name were not disclosed.
(content in spanish)

PDVSA, empresa dedicada a la extracción y comercialización de petróleo con sede en Venezuela y Rosneft (MICEX: 0386; RTS: 600028), petrolera rusa, han acordado llevar a cabo de forma conjunta un Plan Estratégico de Inversiones en petróleo y gas, según ha informado el diario Prensa Libre el 21 de junio de 2015. No han sido revelados los datos económicos del acuerdo.

Uno de los puntos tratados en la reunión ha sido la creación de una joint venture dedicada a la construcción y operación de la infraestructura de producción de gas natural, aunque no ha trascendido mas información relativa a fechas o identidad de la nueva compañía.

Relevant Documents

Bidder

PDVSA
Venezuela

Intel ID 226417
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - PDVSA
(31 Dec 2013)
Revenue: EUR 84,31m
Exchange Rate:
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Bidder

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Primary Sector (TTRSC)
20.02.02 Multiline Oil & Gas
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

Country
Website
Description

Bidder

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Country
Website
Description

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