Agreement between the Government of Bolivarian Republic of Venezuela and the Government of Belarus on cooperation in the sphere of energy and petrochemistry.
Type of law
Agreement
Abstract
The Parties have agreed to cooperate in the following spheres: (a) exploration, extraction, transport, distribution, refining, storage and trade of oil, natural gas and other energy resources; (b) joint enterprises for the realization of project in the sphere of energy and petrochemistry. Cooperation shall be carried out in the following forms: (a) research; (b) development of energy and petrochemistry production; (c) supply of oil and gas; (d) exchange of experience in the sphere of gasification; (e) improvement of the technology of extraction of heavy and super heavy oil; (f) passage of motor transport to the use of natural gas and liquefied gas as motor-vehicle fuel.
Attached files
Web site
Date of text
Entry into force notes
The Agreement enters into force from the date of the receipt of the last notification of the fulfilment by each of the Parties of the internal procedures required for its coming into force.
Notes
The present Agreement shall be valid for three years and it will be automatically extended for a three-year period, unless three months before its expiry one of the Parties informs the other, in writing, of its decision to terminate it.
Repealed
No
Source language
English
Legislation Amendment
No
Original title
СОГЛАШЕНИЕ МЕЖДУ ПРАВИТЕЛЬСТВОМ БОЛИВАРИАНСКОЙ РЕСПУБЛИКИ ВЕНЕСУЭЛА И ПРАВИТЕЛЬСТВОМ РЕСПУБЛИКИ БЕЛАРУСЬ О СОТРУДНИЧЕСТВЕ В ОБЛАСТИ ЭНЕРГЕТИКИ И НЕФТЕХИМИИ