Anhui Guangda Mining Greenfield Oil Project in Orinoco Oil Belt
One of 1,074 projects Taiyo tracks in Venezuela.
Source: Crude Oil Prices Today | OilPrice.com
Chinese company Anhui Guangda Mining Investment has signed a deal for a greenfield oil project in the Orinoco Oil Belt, specifically the Ayacucho 2 block in Venezuela. This project is part of China's expanding influence in Venezuela's oil sector through production-sharing agreements.
- Status
- Under Construction
- Sector
- Government, Oil and Gas
- Location
- Venezuela
- Updated
- 22 Jul 2026
- Source
- Crude Oil Prices Today | OilPrice.com
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Project Information
Participants
Sponsoring Agency |
Status
Original status | planned/under development |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Chinese company Anhui Guangda Mining Investment has signed a deal for a greenfield oil project in the Orinoco Oil Belt, specifically the Ayacucho 2 block in Venezuela. This project is part of China's expanding influence in Venezuela's oil sector through production-sharing agreements. |
Original sector | Energy |
Location
Country | Venezuela |
Source
Source | Crude Oil Prices Today | OilPrice.com |
URL |
More Details
Record type | Project |
Sector | Government, Oil and Gas |
Article published date | 2025-06-16 |
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