Tuesday, June 26, 2007

Total says terms of Venezuelan oil deal satisfying

(Reuters) - "The negotiations have led to satisfying conditions both
concerning the compensation and the governance of the future
mixed company. This memorandum of understanding confirms we want
to stay in Venezuela," a Total spokeswoman said.




She declined to specify how much Total would be compensated
for lost value of its Sincor stake.


Read more at Reuters.com Mergers News

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