Venezuela agreement

The Mayor has signed an agreement with Venezuelan oil company Petróleos de Venezuela Europa for a 20 per cent reduction in the price of fuel for London's bus fleet.

This benefit will be targeted on Londoners receiving income support who will be able to recieve a 50 per cent reduction on bus and tram travel. Up to 250,000 Londoners will be eligible for the discount.

As part of the agreement London will provide specialist technical assistance to cities in Venuzuela in areas such as transport, protection of the environment, development of tourism, and town planning.

Energy Funding Contribution and Co-operation Agreement

This is the Energy Funding Contribution and Co-operation Agreement between (Petróleos de Venezuela) PDV Europa B.V. and Greater London Authority and Transport for London. The document is availabe in PDF and RTF format.

Energy Funding Contribution and Co-operation Agreement PDF
Energy Funding Contribution and Co-operation Agreement RTF

Reaction from voluntary groups supporting the agreement

Some voluntary groups have released statements that supports the Mayor's agreement with the Venezuelan oil company Petróleos de Venezuela Europa.

Statements from third party groups in support of the agreement

Related press releases

Quarter of a million Londoners on income support to get half price bus and tram travel

International

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New initiatives

Publications, etc.

Related organisations

Freedom of information

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