Six of the 22 accords are related with boosting energy output, including an agreement to build a refinery in southeast China's Guangdong Province, called Nanhai, that will specialize in processing some 400,000 barrels of extra-heavy crude extracted from Venezuela by joint venture firms between Venezuela's state oil company PDVSA and the China National Petroleum Corporation (CNPC).
Another project aims to boost output at joint Sino-Venezuelan firm Sinovensa, located in Venezuela's oil-rich Orinoco Belt, by 165,000 barrels per day (bpd) to 230,000 bpd.
The Orinoco region joint ventures Petrozumano and Petrourica also plan to raise output.
The results of these agreements are expected to be felt in the first quarter of 2017, though other plans are more medium- to long-term.
Though not part of the recently signed agreements, there is also a project underway to build a deep-sea port in Araya Peninsula, in the eastern Sucre state, along with a network of oil and gas pipelines from the oil belt, to facilitate export.
"We are breaking with this concept, this idea of Venezuela as a country that lacks investment. That (the port) plus the oil investments speak of the confidence that prevails in our countries, and of how we are going to approach all of the difficulties that may arise, and how we are going to embark on a path towards the future," said the official.
In the agricultural sector, China and Venezuela plan to build Latin America's largest industrial park in Anaco, a town in the eastern state of Anzoategui.
【国内英语资讯:Spotlight: China-Venezuela cooperation eyes new development projects】相关文章:
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