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Venezuela
PDSVA nears completion of oil payments to China
02-May-2012
On 23 April 2012, state oil company PDVSA announced that it had met 96 percent of the target shipments to China, marked as payment for the financing awarded by China through the Joint China-Venezuela Fund in 2007. Overall, Venezuela has received around US$32 billion dollars from China, who has been sold US$27.8 billion in crude oil and derivatives
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