Diplomat calls US’ allegations about isolation of Russia in UN 'strange'Russian Politics & Diplomacy April 28, 20:58
Experts say Russian hackers strongly demonized in USRussian Politics & Diplomacy April 28, 20:35
Ferrari drivers clock best time in Practice Two of Russia F1 GP in SochiSport April 28, 19:54
Red Bull’s advisor Marko says Kvyat to possibly remain with Toro Rosso next yearSport April 28, 19:16
Pope Francis blesses pregnant TASS correspondent en route to EgyptWorld April 28, 18:55
Russian diplomat says use of military force against North Korean unacceptable, dangerousRussian Politics & Diplomacy April 28, 18:45
UN chief calls for lowering risk of miscalculation concerning North Korea issueWorld April 28, 18:15
Moscow deeply regrets Montenegro’s decision to join NATORussian Politics & Diplomacy April 28, 18:07
Maria Sharapova reaches Porsche Grand Prix semifinalsSport April 28, 17:50
MOSCOW, July 2 (Itar-Tass) - Russia’s Gazprombank, a financial subsidiary of the gas industry giant Gazprom is ready to open a credit line in the amount of $ 1 billion to its joint venture with the Venezuelan oil corporation PDVSa, the bank’s Deputy CEO, Alexander Muranov told reporters Tuesday after the bank and the PDVSa signed an agreement on terms of loaning.
The joint venture set up by Corporation Venezolana de Petroleo, a PDVSa filial company, and the Russian Gazprom Bank Latin America Ventures BV, is developing two deposits in the Venezuelan State of Zulia.
Both deposits are in the mature phases of development and contain heavy oils.