Venezuela PdVSA Signs Joint Venture With Belarus Co/ EMPRESA MIXTA ENTRE VENEZUELA Y BELARÚS EXTRAERÁ 18 MIL B/D

Venezuela's Petroleos de Venezuela, or PdVSA, has partnered with Belarus state-run company Belorusneft in a joint-venture company to explore and develop oil and natural gas in the Andean country, one of several joint ventures between the two nations. The new company's activities will focus on fields located in the Guara Este area in the Anzoategui state, and Lake Maracaibo fields located in Western Venezuela, according to a copy of the joint venture accord published in the Official Gazette ( full information)/El ministro de Energía y Petróleo y presidente de Pdvsa, Rafael Ramírez, dio inicio ayer a la perforación del tercer pozo del bloque Junín I en la Faja del Orinoco, que forma parte de las actividades que desarrolla la empresa mixta constituida entre la estatal venezolana y Belorusneft para la cuantificación y certificación de reservas de crudo. ( información completa)