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Article: Venezuela: Gazprom Finds Big Accumulation of Gas Off Venezuela.
- Article from:
- TendersInfo
- Article date:
- November 4, 2009
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Byline: manish03
OAO Gazprom discovered a big accumulation of natural gas off of Venezuela s northwest coast, marking what may be the second major find in the area in two months, the country s oil and energy minister said.
Gazprom was authorized under their license to drill another well and this has confirmed a big accumulation of gas, Minister Rafael Ramirez told reporters today in the Venezuelan city of Porlamar. Gazprom is Russia s largest energy producer.
Venezuela, which has the biggest gas reserves in South America, is seeking to boost output of the fuel to overcome a domestic supply deficit, bolster chemicals production and reduce ...