October
14, 2004
PDVSA president promotes
oil, gas integration in Latin America
(Oil and Gas Journal) - "Alí
Rodríguez Araque, President and
CEO of Venezuela's state-owned oil firm
Petróleos de Venezuela (PDVSA),
reaffirmed the company's commitment to
integrate Latin America in terms of energy,
with Venezuela as the link for the successful
completion of this movement on the continent.
Rodríguez, speaking
at an oil and gas conference in Rio,
said that the energy integration project
to create Petroamerica is advancing.
'Since for many years we have talked
about the economic integration of Latin
America, there is no doubt that the
energy sector of a
modern economy can become the backbone
of the continental integration,' said
Rodríguez.
As examples of energy
integration advances, Rodríguez
spoke about the cooperation agreement
between PDVSA and Argentinean commercial
nuclear enterprise Enasa According to
Rodríguez, PDVSA would not actually
merge with Enasa or any other companies.
Rodríguez also said that he was
talking with José Eduardo Dutra,
president of Brazil's state-owned Petroleo
Brasileiro SA (Petrobras), to establish
joint projects in lubricants and refining
and to have the Brazilian company's
cooperation in deepwater exploration
and production 'for which Petrobras
has received international recognition,'
Rodríguez said".
