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PDV to take Ancap stake.

Publication: The Oil Daily
Publication Date: 13-FEB-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: PDV to take Ancap stake.(Petroleos de Venezuela S.A.)(Administracion Nacional de Combustibles Alcohol y Portland)(Brief article)

Article Excerpt
Venezuelan state-owned oil company Petroleos de Venezuela (PDV) agreed Friday to buy half of the shares in its Uruguayan counterpart Ancap's Argentine subsidiary.

A spokesperson for Ancap confirmed that the company's president, Daniel Martinez, had earlier announced the transaction in a press conference in Montevideo. PDV will pay $15...

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