Venezuela to Buy Assets of Belarusian Oil Refineries

27.01.2011 11:40
Архив Редакция

Venezuela may acquire the assets of the Belarusian oil refineries in the near future. This was stated by the Belarusian Ambassador in Caracas, Valentin Hurinovich. "I think we will go further, and Venezuela will participate in the assets of our businesses, our refineries," said the Belarusian diplomat.

According to Valentin Hurinovich, it is necessary for Venezuela to have its own assets for participation in the Belarusian industry, including oil refining. «Such negotiations are conducted, and I think Venezuela will become a partner in the near future,» said Valentin Hurinovich on air of the First National TV Channel on January 26.

«The assets of the Belarusian-Venezuelan joint venture «Petrolera BeloVenezolana» have already included two new oil fields that will increase oil production by half. In addition, the JV assets will also deal with the natural gas fields,» said Ambassador of Belarus.

Besides, the diplomat said that the Belarusian-Venezuelan joint venture to assemble trucks and tractors would start their work in Venezuela (the state of Barinas) in October 2011. Valentin Hurinovich did not rule out the «participation of the two the presidents Alexander Lukashenko and Hugo Chavez in the plants’ opening ceremony.»