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Abbas signs oil deal with Venezuela

May 19, 2014 16:55
President of Venezuela Nicolás Maduro

By

Rosa Doherty,

Rosa Doherty

1 min read

Venezuela has signed a deal to provide the Palestinian Authority with oil and diesel fuel.

The South American nation signed the deal on Friday in Caracas with PA President Mahmoud Abbas.

Venezuelan petroleum company PDVSA is expected to send 240,000 barrels of oil and diesel to the PA.

Venezuelan President Nicolas Maduro said: “We welcome the Palestinian people and the Arabs.