BELARUS NEWS AND ANALYSIS

DATE:

03/03/2010

Venezuela, Belarus search for new oil reserves in Venezuela

State-run oil company Petroleos deVenezuela (Pdvsa), in association with a Belarus company, is searching for new fields for the production of hydrocarbons in an area of 1,930.5 square miles in the state of Apure, southwestern Venezuela, Pdvsa reported in a statement.

The project is part of the agreements signed between Venezuela and Belarus, under which the Eastern European country provides "technical and technological support to Venezuela for energy and oil projects," AFP reported.

A group of Belarusian experts in drilling and surveying is analyzing the seismic data to demarcate the area and prepare the exploration of new reserves in this region.

The plan will generate 600 direct jobs and 1,200 indirect jobs, Pdvsa said.

Source:

http://english.eluniversal.com/2010/03/03/en_eco_art_venezuela,-belarus-s_03A3522691.shtml


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