Russia’s Rosneft to invest $16B to develop Carabobo 2 extra-heavy crude in Venezuela; first oil from Junin
Green Car Congress
SEPTEMBER 29, 2012
Before the JV can begin operations, a ruling from the National Assembly of Venezuela must be obtained, as well as a resolution from the Oil and Mining Industry Ministry and a corresponding decree from the President of Venezuela. The Orinoco oil belt in Venezuela.