20MAR2019 - NEWS - PDVSA of Venezuela may divert crude oil bound for the United States to Russian oil company Rosneft

Venezuela may divert oil originally bound for the United States to Russian oil company Rosneft or other destinations due to U.S. sanctions. Rosneft, a state-owned company which has oil joint ventures with PDVSA in Venezuela, buys crude from PDVSA within the framework of oil-for-loan contracts and redirects the barrels to customers around the world, with Indian refineries key buyers.

Published by Editor - www.Livebunkers.com at 20-Mar-2019 05:18:34 [UTC] , contact editor at editor@livebunkers.com