WRAP Venezuelan President gives news conference ADDS at site of future oil refinery

The video discusses Venezuela's plan to invest $4 billion in a major refinery over the next three years, as part of the Petro Sur initiative, an energy alliance in South America. It highlights the importance of this refinery and the collaboration between Venezuela and Brazil, which has significant oil reserves. The video also covers the transportation of oil from the Orinoco Belt to Brazil for refining, emphasizing the strategic partnership in the region.

How much is Venezuela planning to invest in the refinery project over the next three years?

• $2 billion

• $4 billion

• $6 billion

• $8 billion

What is the name of the South American energy alliance mentioned in the video?

• Petro Este

• Petro Oeste

• Petro Sur

• Petro Norte

Which two countries are collaborating in the Petro Sur project?

• Argentina and Chile

• Colombia and Peru

• Venezuela and Brazil

• Ecuador and Bolivia

Where will the oil from the Orinoco Belt be refined?

• In the United States

• In Asia

• In Europe

• In the new refinery in South America

What is the main purpose of transporting oil from Brazil and the Orinoco Belt?

• To export it to Europe

• To store it for future use

• To refine it in the new South American refinery

• To sell it to North America