Beltrami2005
Member
But he doesn't (yet) control Venezuelan oil, & AFAIK China's refineries aren't set up to refine it. It's very heavy, & needs the right type of refinery.
So far no oil company has even agreed to go there. Its extremly expensive and will only generate profits in many many years. The oil is also very low quality, almost like tar. So this entire operation is another pipe dream from him.
