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After U.S. Sanctions, Venezuela Seeks to Collect Some Oil Payments Via Rosneft

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According to Reuters, Venezuelan state oil company PDVSA has asked at least two of its clients to make payments for Venezuelan oil via Russian state energy giant Rosneft, as it comes under pressure from U.S. sanctions. The proposed payment mechanism is the latest sign of the growing proximity of Venezuela’s cash-strapped government to Russia. Russia has publicly said the U.S. sanctions are illegal and it would work with Venezuela to weather them.

Added on the 23/04/2019 15:50:20 - Copyright : Wochit

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