FIBA on Tuesday concluded its visit to Venezuela with the draw for the FIBA Olympic Qualifying Tournament, to be held in Caracas from 2-8 July 2012.

During a colourful ceremony, attended by a large number of officials and dignitaries, the twelve teams, who will be playing for the last three remaining places in the Olympic Basketball Tournament, were divided into four groups of three teams.

Group A: Greece, Jordan, Puerto Rico
Group B: Lithuania, Nigeria, Venezuela
Group C: Dominican Republic, Korea, Russia
Group D: Angola, F.Y.R. of Macedonia, New Zealand

The group stages will see the 12 teams play the two other teams in their respective groups in a standard round robin format (12 games in total). The top two teams in each group progress to the Quarter-Finals as follows:

A1 v B2
B1 v A2
C1 v D2
D1 v C2

The four winning quarterfinalists qualify for the Semi-Finals:

Winner [A1 v B2] v Winner [C1 v D2]
Winner [B1 v A2] v Winner [D1 v C2]

The two winning semifinalists automatically qualify for London 2012, while the two losing semifinalists face-off for 12th and final Olympic place.

Source: FIBA