http://transpacifica.net/2008/07/02/is-venezuela-selling-oil-to-china-instead-of-to-the-us/ News, commentary, and resources on the transpacific world. Mon, 06 Feb 2012 19:50:36 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://transpacifica.net/2008/07/02/is-venezuela-selling-oil-to-china-instead-of-to-the-us/comment-page-1/#comment-13315 Juan Cristobal Thu, 03 Jul 2008 00:39:36 +0000 http://transpacifica.net/?p=356#comment-13315 The estimate sounds right, although I wonder if this also has something to do with a decision by Exxon-Mobil to stop buying as much oil from Venezuela due to their current feud... The estimate sounds right, although I wonder if this also has something to do with a decision by Exxon-Mobil to stop buying as much oil from Venezuela due to their current feud…

]]> http://transpacifica.net/2008/07/02/is-venezuela-selling-oil-to-china-instead-of-to-the-us/comment-page-1/#comment-13312 Miguel Octavio Wed, 02 Jul 2008 19:48:19 +0000 http://transpacifica.net/?p=356#comment-13312 Venezuela created a "fund" with the Chinese Government last December that will provide 80,000 barrels of Venezuelan oil per day to pay Chinese companies for infrastructure projects. Add to that the lower production and some additional exports and the numbers make sense. Venezuela created a “fund” with the Chinese Government last December that will provide 80,000 barrels of Venezuelan oil per day to pay Chinese companies for infrastructure projects. Add to that the lower production and some additional exports and the numbers make sense.

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