Bloomberg News

Citic Acquires 10% of Petropiar, Venezuelan State TV Reports

February 27, 2012

China’s Citic Group Corp. has aquired a 10 percent stake in the Petropiar oil venture, Venezuela state television reported today. Petroleos de Venezuela SA and Chevron Corp. (CVX) own stakes in the project.

To contact the reporter on this story: Nathan Crooks in Caracas at ncrooks@bloomberg.net

To contact the editor responsible for this story: Tina Davis at tinadavis@bloomberg.net


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