Date: 2 months ago   Category: Markets

Venezuela for years hid oil and gas revenues in the Russian bank


The minister of oil of Venezuela Manuel Kevedo said that the state oil and gas company PDVSA of Venezuela opened accounts in the Russian bank many years ago, TASS reports. It did not specify about what bank it there is a speech. At the same time, according to Reuters, PDVSA transfers bank accounts of all the joint ventures (JV) to Gazprombank. In the most credit institution this information was denied earlier. Referring to certain "in-house document", the agency noted that transfer of accounts is caused by the American sanctions against Venezuela. Besides, according to Reuters, PDVSA instructs the joint ventures to transfer oil and gas revenues into new accounts in the Russian bank.5 of February was reported that Venezuela experiences considerable difficulties with export of oil because of the American sanctions inflicted on the country. At interruptions in export at once several reasons. Main of them — the American sanctions. In this situation of PDVSA accumulates oil in storages. "The film of day" is more than important news in Telegram channel. Subscribe!

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