PDVSA may buy 18 tankers from China

Petroleos de Venezuela SA (PDVSA) may buy 18 oil tankers from China for $1.3 billion as South America's largest oil company seeks to boost exports to Asia. Preliminary orders for the tankers were placed with China State Shipbuilding Corp., and China Shipbuilding Industry Corp., a PDVSA spokesman said. A timetable ...

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