Latin America - Energising India | ummid.com
The total Indian investment in Venezuela so far is about $3 billion and production from all fields is expected to cross 500,000 barrels per day (bpd) by 2016, with option for our companies to transfer up to 70,000 bpd to India, over a licence term of 25 years, extendable by a further 15 years.
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