Venezuela says signed deal with China for $5 bln loan to boost oil output
CARACAS, Sept 1 (Reuters) - President Nicolas Maduro said Venezuela has signed a deal with China for a $5 billion loan to increase the OPEC country's oil production.
Maduro, speaking from China in a broadcast shown on Venezuelan state television on Tuesday night, said the loan was destined "to increase oil production in a gradual way in coming months," without providing further details.
(Reporting by Alexandra Ulmer and Diego Ore; Editing by Leslie Adler)
© Thomson Reuters 2017 All rights reserved.