Petroperu May Participate in Orinoco Oil Belt, Chavez Says

Venezuelan President Hugo Chavez said that state oil company Petroleos de Venezuela SA may partner with Petroperu in the Ayacucho block of the country’s Orinoco Belt, without giving further details.

Chavez, speaking on state television, made the comments on a visit by Peruvian President Ollanta Humala to the Orinoco Belt.

To contact the reporter on this story: Jose Orozco in Caracas at jorozco8@bloomberg.net

To contact the editor responsible for this story: Dale Crofts at dcrofts@bloomberg.net

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