PDVSA seeking us10-bil in financing for 5-year plan

摘要

Caracas-Venezuelan state oil company PDVSA is seeking us10-bil from foreign banks and lending institutions to finance its five-year spending plan,a company director said May 3.PDVSA is in talks with Japanese,Chinese and US banks for the funds,which will make up just over a fourth of the us37-bil Venezuela hopes to plow into its oil industry by 2009,Nelson Martinez told state news agency Venpres.