In recent months, Uruguay has increasingly looked towards Venezuela as the principle source of its Oil imports. In August 2005, Venezuela agreed to supply Uruguay with up to 43,600 bbl/d of Crude Oil on preferential financing terms, allowing the country to pay in either cash or barter and delay payment on 25 percent of the crude oil for up to 25 years. In September 2005, ANCAP formed a joint committee with Venezuelas state-ownend oil company, PdVSA, to consider a $500 million plan to double the capacity of the La Teja refinery. The plan would also upgrade the facilities at the refinery so that it could handle heavier Venezuelan crude varieties.