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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

Project
Planned/Under Development

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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The project “Anhui Guangda Mining Greenfield Oil Project in Orinoco Oil Belt” is an infrastructure initiative in the Government sector, located in Venezuela. Taiyo aggregates data on it from Crude Oil Prices Today | OilPrice.com.

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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