Venezuela’s PDVSA Reportedly Has ‘Zero Interest’ in Crude-for-Debt Deal With Europe, Seeks Oil Swaps

Aug 13, 2022 | EARNINGS

The US State Department gave tacit approval in May for two European oil companies – Italy’s Eni SpA and Spain’s Repsol SA – to resume oil-for-debt deals with Venezuela, with the crude delivered to Europe, Reuters reported.

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