Venezuela, Argentina
Sign Joint Natural Gas
Enterprise Agreement
The governments of
Venezuela and Argentina
have signed an accord to
set up a joint natural
gas liquefaction and
transportation
enterprise in Guiria, a
city in Venezuela's
eastern state of Sucre,
Venezuela's state oil
enterprise PDVSA said
Friday.
The accord was signed by
the heads of PDVSA and
Argentina's state-run
energy firm Enarsa
during the First South
American Energy Council,
which concluded
Thursday.
The enterprise aims to
develop, build and
operate a train with a
freight volume of 4.7
million tons a year.
The enterprise will also
be in charge of the
construction and
operation of a gas pipe
from Block-2 of Deltana
Platform to Guiria, to
feed the train.
PDVSA said the joint
venture will also be
responsible for the
purchase, transportation
and processing of
natural gas, as well as
for commercializing it
in the international
market.
The Venezuelan
government, through
PDVSA, will have 60
percent share in the
enterprise, while Enarsa
will have 10 percent.
The rest will be
assigned to third
parties by PDVSA.
|
