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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

Displaced families in Kirtipur shelter raise concerns over cramped and inadequate living conditions

KATHMANDU: Families displaced from squatter settlements in the Kathmandu Valley

Gold, silver prices continue to decline

KATHMANDU: Gold and silver prices continued their downward trend on

President Paudel to consult constitutional experts on ordinances

KATHMANDU: Ram Chandra Paudel is set to hold consultations with

Over 2,400 drivers penalised for traffic violations in 24 hours

KATHMANDU: The Kathmandu Valley Traffic Police Office has penalised 2,489

Opposition parties in HoR to hold meeting today

KATHMANDU: The meeting of opposition parties in the House of