(Prensa Latina) - "The Orinoco oil zone, a key player in Venezuela's energy strategy, has the potential of becoming one of the world's largest oil reserves.

Petróleos de Venezuela S.A., with the State as major share holder, runs Magna Reserva Project within the 2005-2030 Siembra Petrolera Project to gauge and confirm its estimated 235 billion barrel potential.

PDVSA expects 15.3 billion dollar investments between 2006 and 2012 from partners in Argentina, Belarus, Brazil, China, Cuba, Iran, India, Malaysia, Russia, Spain, Uruguay and Vietnam".