: :inin Kyiv (EET)

Russia’s oil giant Rosneft provides $6 billion loan to Venezuela


Rosneft’s advance payments under contracts with the Venezuelan state-owned oil company PDVSA is approximately $6 billion in total; full repayment is expected before the end of 2019, as stated during a conference call on August 8th by Alexander Krastilevsky, Vice President and Advisor to the President of Rosneft and Director of the Department for Planning, Performance Management, Development, and Investments in Refining, Commerce, and Logistics. He specified that $5.7 billion is the principal prepayment amount and another $245 million is the interest payment due.
Rosneft does not plan to make new advance payments to Venezuela for oil and oil products, said …read more

Source: UaWire

World press about Ukraine

World press about Ukraine

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