Report: PDVSA raises oil supplies to Rosneft to redeem liabilities - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Report: PDVSA raises oil supplies to Rosneft to redeem liabilities

MOSCOW, Aug 9 (PRIME) -- Venezuelan state oil company PDVSA delivered a part of overdue oil product shipments to China’s PetroChina in February, and was able to raise oil deliveries to Russian oil major Rosneft reducing its debt to the company, Bloomberg reported late on Wednesday citing a source familiar with the matter.

PDVSA delivered a final overdue batch of light oil products to PetroChina in February, and now the company is able to focus on supplies to Rosneft under prepayments that the Russian company paid earlier, the source said.

PDVSA still owes millions of barrels of oil and fuel oil to PetroChina as debt repayment, the source added.

Rosneft said in is financial report earlier that PDVSA redeemed U.S. $1 billion of debts to the Russian company since late 2017, and that the debt about to $3.6 billion as of June 30, 2018.

End

09.08.2018 09:31
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 71.7150 -0.0303 25 apr
USD 63.9798 +0.1892 25 apr
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1267.02 -0.84 15:00 24 apr
micex 2576.15 -0.44 15:00 24 apr
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 160.70 -1.06 14:45 24 apr
lkoh 5744.50 -0.61 14:45 24 apr
rosn 438.55 -0.56 14:45 24 apr
sber 235.16 -0.22 14:45 24 apr
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 71.6800 -0.2325 14:59 24 apr
USDTD 63.8225 -0.0125 17:44 24 apr