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![]() Russia's largest oil company, Rosneft, is negotiating with the Venezuelan state corporation PDVSA. ![]() 21.Jul.17 12:54 PM By Daria Zaytseva Photo Toinnov.com |
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They are talking about the refusal of its security rights to Citgo shares in exchange for shares in oil and gas fields and fuel supplies. This will allow Rosneft to avoid the negative consequences of U.S. sanctions. Today, negotiations between the two companies are of increasing interest, given the possibility of introducing new economic sanctions of the USA against the Venezuela.
The introduction of new restrictive measures, including the ban on U.S. imports of oil from Venezuela, could damage Citgo's business model and threaten the participation of Venezuela and Russia in the company's assets in the long term.
- compensation for untimely paid dividends from the joint venture for the production of extra-heavy oil Petromonagas; |