Venezuela and China signed an oil exploration joint venture agreement on Saturday that will be explored in a block of development potential in Orinoco, Venezuela. This move further deepened the trade ties between the two parties.
According to the Wall Street Journal, the agreement to develop the Junin 4 oil block was signed on the evening of Saturday night at the ceremony of the Miraflores presidential palace in Caracas. It is expected that the daily production of heavy oil in the block will reach 400,000 barrels.
The joint venture is comprised of Petroleos de Venezuela, a state-owned company in Venezuela, and China National Petroleum Corporation, China's largest state-owned oil company.
The signing ceremony was hosted by Venezuelan President Hugo Chavez. He is a socialist and he has been working hard to promote trade with China and to reduce trade between Venezuela and the current largest trading partner, the United States.
Chinese President Hu Jintao was originally scheduled to attend the signing ceremony but cancelled the trip last Friday and returned to China to handle major earthquake relief work in Qinghai Province in northwestern China.
In addition to the joint venture transactions, China and Venezuela also signed other energy-related bilateral agreements last Saturday, including the agreement that China will transfer part of the power generation technology to Venezuela.
Venezuela said that it delivers about 460,000 barrels of crude oil to China each day, but data from the Chinese government shows that China imported only 132,000 barrels of crude oil from Venezuela in the first two months of this year.

Paper Towel Holder

Paper Towel Holder

The perfect Kitchenware to storage the paper towel in kitchen and let the kitchen more clean.

Our stainless steel paper holder is constructed entirely of metal, with a bright stainless steel finish.

For our paper towel holder , The weighted stainless steel base and EVA to keep the Paper Towel Holder in place.

Any items suitable for you, welcome to ask for more details and the sample.

Will be glad to hear from you.

Description of Paper Towel Holder


Material: base:SS410/Iron

tube:SS201/Iron

Finishing: Satin polishing ,Mirror Polishing ,Color painting

Logo: Laser logo, Etching logo, Silk printing logo, Embossed logo, Decal logo

MOQ : 2000 PCS

Packaging : White box, Mail box or Customized package

Sample Time : 7~10 days

Lead Time :60 days after have the deposit

Payment: T/T ,L/C or others

Payment term: 30% deposit before production and 70 % balance against the copy B/L


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FAQ:


1:How can I get the sample?

We can provide the sample for customers to check the quality.

Please kindly provide the delivery info for calculate the sample cost. If you have DHL /TNT/UPS/FEDEX account, please also kindly provide it to us.

You can do the payment of sample via T/T and PayPal.

2:How about the sample time?

Usually the sample time is 7~10 days after have the sample cost.


3:How long will it take for mass production?

Usually 45~60 days after have the deposit.


4:Can we have our logo or company name to be printed on your products or the package?

Welcome OEM.


5:what certificate can you provide?

CE,CB,GS,FDA,LFGB,ROHS are available here.


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Jiangmen Wellway Houseware Co.,Ltd , https://www.wellway-jm.com