‘Oil Chinese’ in Venezuela Are Treading Carefully

From Radio Netherlands Worldwide:

Mr Li is the embodiment of today’s fastest growing world power: China. He strikes oil deals, builds hospitals and motorways, sells merchandise, takes over companies and lays oil pipelines. In the series ‘Looking for Mr Li’, four journalists from Radio Netherlands Worldwide and Dutch broadcaster VPRO report on the sunny side and the dark side of globalisation, with China’s expansion as their central theme. Here’s a second look at China’s role in Venezuela .

Where oil is concerned, everything in is political. “Everything works very well here with the Chinese,” according to Argenis Hernández, a Venezuelan employed by China Petroleum Venezuela Technical Services. This small company is contracted by oil companies to carry out exploratory drillings in Venezuela.

As head of Operations and Marketing Mr Hernández holds a senior position within the company. “The Chinese have a lot of confidence in the Venezuelans. That’s borne out by the fact that I’ve got this position.”

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