PDVSA and Rosneft Executives Meet On $13 Billion Russian Oil Investment


Igor Sechin, chief executive officer of OAO Rosneft, right, and... News PhotoBusiness,CEO,Corporate Business,Finance,Gasoline,Government,Government Minister,Horizontal,Hugo Chávez,Igor Sechin,Latin America,Margarita Island,Photograph,Politics,Rafael Dario Ramirez Carreno,Rosneft,Russia,Smiling,Standing,The Americas,VenezuelaPhotographer Collection: Bloomberg 2013 BloombergIgor Sechin, chief executive officer of OAO Rosneft, right, and Rafael Ramirez, Venezuela's oil minister and president of the state-owned oil company Petroleos de Venezuela SA (PDVSA), smile at each other as they stand in front of a photograph of late Venezuelan President Hugo Chavez during the first Russia-Venezuela Oil Congress on Margarita Island in Nueva Esparta, Venezuela, on Thursday, Nov. 21, 2013. OAO Rosneft, Russia's largest oil producer, plans to invest $13 billion in five projects in Venezuela over five years and buy at least part of OAO Lukoil's stake in a producing field in the South American nation. Photographer: Meridith Kohut/Bloomberg via Getty Images