Source Pravda.Ru

Venezuela Discusses Paria LNG Project With ExxonMobil

Venezuelan Oil Minister Alvaro Silva met with officials of ExxonMobil earlier in the week to discuss the company's participation in the two billion dollar Paria liquefied natural gas project, a ministry spokesman said Thursday. The meeting was set as ExxonMobil fears being excluded from the project, after the government admitted it started talks with Qatar. No details of the meeting were given. Earlier this year, Venezuela increased its stake in the project to 60% from 33%. The project is scheduled to begin operating in 2005 with an initial production capacity of four million metric tons a year. The $2 billion venture in the Paria peninsula originally consisted of Shell, ExxonMobil and Mitsubishi Corp. Shell was to control 30% of the deal and provide liquefaction technology. ExxonMobil was to hold 29% and contribute its offshore drilling expertise. Mitsubishi was to take 8% and bring its tankers and financing muscle into the deal.

Visit to

&to=http://www2.exxonmobil.com/corporate/' target=_blank>EXXONMOBIL

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases
Comments
Russia to spend trillions to upgrade its army and navy before 2027
Russia to spend trillions to upgrade its army and navy before 2027
Capitalism reduced Indonesian cities to infested carcases
How Gaddafi’s Great Man-Made River Project became part of Water Wars
Russia to spend trillions to upgrade its army and navy before 2027
Russia to spend trillions to upgrade its army and navy before 2027
Unveiled: Secret Pentagon UFO program. From science fiction to science fact
Treasure of Catherine II times found in city centre of Moscow
Riots spark in Ukraine again, but people will not die for idiots this time
Russian PM Medvedev: USA undermines relationship with Russia for decades
Capitalism reduced Indonesian cities to infested carcases
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Capitalism reduced Indonesian cities to infested carcases
Capitalism reduced Indonesian cities to infested carcases
Capitalism reduced Indonesian cities to infested carcases
Capitalism reduced Indonesian cities to infested carcases
North Korea is not a threat to the US
North Korea is not a threat to the US
Saudi Arabia readies to enjoy cinemas and music for the first time in 40 years
Capitalism reduced Indonesian cities to infested carcases