VEBA OIL and Petroleos de Venezuela SA are negotiating a joint purchase of PCK Schwedt AG's 230,000 b/d refinery at Schwedt, Germany. Pdvsa also plans to acquire a bigger interest in Erdoel Raffinerie Neustadt GmbH's 144,000 b/d refinery at Neustadt, Germany, where Pdvsa holds a 12.5% interest in a joint venture with Veba.

Mar 18th, 1991
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