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Wednesday, 17 June 2015

PDVSA ‘nears $5bn China loan’

PDVSA ‘nears $5bn China loan’
17 June 2015, News Wires – China is close to handing Venezuela a $5 billion loan in order for state player PDVSA to halt a decline in production, according to a report. The 10-year credit facility is one half of a $10 billion package said to be forthcoming from China, Reuters reported. “It is being discussed […] More »

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