Vietnam to Look for Oil in Nicaragua

Under an agreement signed between the two state oil companies, exploration would begin in four weeks.

Tuesday, March 24, 2009

A delegation from PetroVietnam led by Dinh La Thang signed an agreement yesterday with Francisco Lopez, president of Petroleos de Nicaragua.

According to a report in plenglish.com, Lopez also announced that "petroleum technology transfer will begin immediately between the two countries to support the construction of the refinery being built in Nicaragua with the aid of Venezuela."

More on this topic

Agreement Between the U.S. and Vietnam Concerns Textile Sector

October 2012

Within the framework of the Trans-Pacific Partnership Agreement, the Asian country requires preferential rules of origin to use raw materials from China.

Central American textile businesses are worried that Vietnam receives more flexible terms than those of the FTA with the isthmus, a situation which they said could cause the loss of 200,000 jobs.

ALBA to explore for petroleum off the coast of Honduras.

August 2008

The ALBA Energy, Gas and Petroleum Gran-national Company will carry out the corresponding studies in the next few days.

"The ALBA Energy, Gas and Petroleum Gran-national Company will carry out the corresponding studies in the next few days, and, under the supervision of the Honduran State, will be able to carry out its production and commercialization plan" according to the document published by the local paper, Tiempo.

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Organization that operates in Guatemala.
Phone: (502) 2419 6464

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