Venezuela cuts debt to Rosneft to $1.8 bln January–March

MOSCOW, May 13 (PRIME) -- Venezuela reduced its debt for prepayments to Russian oil major Rosneft to U.S. $1.8 billion in January–March from $2.3 billion, the Russian company said in a statement on Monday.

Rosneft earlier made a $6.5 billion advanced payment to Venezuela’s PDVSA for oil supplies to be delivered at the end of 2020.

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