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Chevron to Provide Loan for Vene JV

Jul 20, 2012

PDVSA and Chevron have agreed to terms for a $2bn financing for their Petroboscan joint venture,...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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