Bloomberg News

PDVSA to Transfer Petropiar Shares to CVG, Chavez Says

August 18, 2012

Venezuelan President Hugo Chavez said that Petroleos de Venezuela SA, the state oil company, will transfer shares from Petropiar, a joint venture with Chevron, to state miner Corporacion Venezolana de Guayana to form a new oil company called Petro San Felix.

To contact the reporter on this story: Jose Orozco in Caracas at

To contact the editor responsible for this story: Paul Tighe at

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