Venezuela shifts oil ventures’ accounts to Russian bank

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Venezuela shifts oil ventures’ accounts to Russian bank
11 February 2019, Caracas — Venezuela’s state-run oil company PDVSA is telling customers of its joint ventures to deposit oil sales proceeds in an account recently opened at Russia’s Gazprombank AO, according to sources and an internal document seen by Reuters on Saturday. PDVSA’s move comes after the United States imposed tough, new financial sanctions … More »
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