Venezuelan oil

Mujica Visit to Venezuela Focuses on Energy, Commerce

April 7, 2010

by AQ Online

President of Uruguay José Mujica met Venezuelan President Hugo Chávez in the presidential palace this morning during his first official visit to Caracas. Venezuelan Foreign Minister Nicolás Maduro received Mujica on Tuesday afternoon. Luis Almagro, foreign minister of Uruguay, and Roberto Kreimerman, minister of industry, accompanied Mujica. 

Almagro said the two leaders planned to discuss the sale of crude petroleum to Uruguay as well as cooperation between the state Administración Nacional de Combustibles, Alcohol y Portland (Ancap) and Petróleos de Venezuela (Pdvsa).  Raúl Sendic, future president of ANCAP, said the leaders would discuss the possibility of Venezuelan investment in a gasoline storage facility in the Nueva Palmira region. 

Mujica also sought to secure more business for Uruguayan exports during the trip.  Last year, Venezuela purchased $186 million of Uruguayan goods, mostly agricultural products, while Uruguay bought $520 million of Venezuelan oil. 

Tags: Venezuelan oil, PDVSA, José Mujica