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Venezuela “shifts oil ventures’ accounts” to Russian bank



CARACAS: Sources have claimed that Venezuela’s state-run oil company PDVSA is asking its joint venture customers to deposit oil sales proceeds in an account recently opened at Russia’s Gazprombank AO, according to Reuters.

Citing an informal document, Reuters has said that PDVSA’s move comes following the United States’ tough, new financial sanctions aimed at blocking Venezuela’s President Nicolas Maduro’s access to the country’s oil revenue. (Agencies)

Publish Date : 10 February 2019 11:17 AM

ANFA Women’s League kicks off in Kathmandu from Wednesday

  KATHMANDU: The All Nepal Football Association (ANFA) is set

UML’s Shankar Pokharel says RSP rise driven by populism, opportunism

KATHMANDU: General Secretary of the CPN-UML, Shankar Pokharel, has said

Nepal faces no major gas or fuel shortages, officials confirm

KATHMANDU: More than two weeks after the United States and

SC ruling ends dual allowance for 11 Nepal Academy lifetime members

KATHMANDU: Eleven lifetime members of the Nepal Academy will no

RSP lawmaker Ashika Tamang’s directive on local tax sparks controversy

KATHMANDU: A directive issued by Ashika Tamang, a lawmaker from