Venezuela Says Statoil, Total Won't Develop Junin 10 Block/ Descartan participación de Total y Statoil en bloque petrolero Junín 10

Venezuela's Oil Ministry said Thursday it has ended efforts to work with France's Total (TOT) or Norway's Statoil ASA (STO) to develop an extra-heavy crude block in the eastern Orinoco region. Efforts to develop the Junin 10 block have been underway since 2007, and the ministry says the block could produce 300,000 barrels a day of crude. There were also plans to build an upgrader there to refine the tar-like crude into a lighter, more marketable grade ( full information)/ El Gobierno nacional decidió descartar la posible participación de la francesa Total y la noruega Statoil en el desarrollo del bloque Junín 10 de la rica faja petrolífera del Orinoco, informó este jueves el ministro de Energía y Petróleo, Rafael Ramírez. "Estábamos trabajando una oferta con Total y Statoil para el campo Junín 10 y no cumplieron con nuestras expectativas", dijo Ramírez a periodistas ( información completa)