India's ONGC, PDVSA aim to raise around $1 bln for Venezuela JV
BY Reuters |
India's ONGC, PDVSA aim to raise around $1 billion for Venezuela JVIndia's Oil and Natural Gas Corp and Venezuela's state oil company PDVSA are seeking around $1 billion in credit to stem an output decline at their San Cristobal joint venture, two sources close to the negotiations told Reuters.