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Venezuelan petrol to China up 60% since February: officials

Energy Daily
Thursday, 16 August 2012

Venezuelan petrol to China up 60% since February: officialsCaracas (AFP) Aug 15, 2012

Venezuelan oil sales to China have jumped by 60 percent since the start of the year, the country's oil minister said in an interview published Wednesday. The stepped up oil shipments to China are part of an effort by President Hugo Chavez to reduce reliance on the United States as the market for the bulk of its oil. "We are selling 640,000 barrels of petrol per day to China," Oil Ministe
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