Ramirez added that PDVSA won't scrap existing contracts to send oil to Spain. The oil supplied "will come from volumes that are not already committed," he said.
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Venezuela To Supply Oil To Spain
Venezuela's oil company PDVSA is negotiating long-term oil supply
Venezuela's state-owned oil company PDVSA is negotiating long-term oil supply contracts with Spanish firm Repsol YPF and Cepsa.
Oil Minister Rafael Ramirez said that the state-run oil company Petroleos de Venezuela is looking for direct contracts with the refineries these companies operate.
"We are negotiating long-term contracts with Spanish companies... Repsol and Cepsa," Ramirez told reporters.
Ramirez added that PDVSA won't scrap existing contracts to send oil to Spain. The oil supplied "will come from volumes that are not already committed," he said.
Ramirez added that PDVSA won't scrap existing contracts to send oil to Spain. The oil supplied "will come from volumes that are not already committed," he said.
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