TO BUY 18 OIL TANKERS FROM CHINA

Oversea news  2006-5-19 11:22:22

Petroleos de Venezuela Orders 18 Tankers Friday, May 12, 2006 Petroleos de Venezuela SA said it will buy 18 oil tankers from China for $1.3b as South America’s largest oil firm seeks to boost exports to Asia. Orders for the tankers were placed with China State Shipbuilding Corp., and China Shipbuilding Industry Corp. A timetable wasn’t provided for deliveries. (Source: Toronto Star)

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