if you are interested in it , Get free samples :sales@edabearings.com

Venezuelan President Maduro said Thursday that Venezuela's oil joint venture with a state-owned oil company in China has launched a production increase plan to raise its capacity from the current 110,000 barrels per day to 165,000 barrels per day.
Venezuelan Petroleum Corp. (CVP), a subsidiary of Venezuela National Petroleum Corporation (PDVSA), and Sinovensa, a joint venture of CNPC, produce Orinoco heavy crude oil and mix it with light crude oil to form Merey medium oil.
PDVSA said in a statement that the second phase of the project will increase production capacity to 230,000 barrels per day.
Mixed crude oil is popular in the Asian market. After Trump sanctions prevented Venezuela from selling crude oil to the United States, PDVSA continued to increase crude oil sales to the Asian market.

---

PREVIOUS:If the Fed succumbs to market pressure        NEXT:Japan takes measures to withstand economic risks