A director at state-owned Petroleos de Venezuela said on Tuesday that Venezuela will receive a loan of $5 billion from China in the coming months for crude oil projects. China has become Venezuela’s principal financier over the last decade, lending more than $46 billion to be repaid in oil.
Orlando Chacin, vice president of exploration and production at PDVSA, said in an interview, “It is being discussed right now and will come within a few months.
Bron: Nasdaq