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Sun Feb 10, 2019, 09:23 AM

Exclusive: Venezuela shifts oil ventures' accounts to Russian bank - document, sources

Source: Reuters

CARACAS (Reuters) - Venezuela's state-run oil company PDVSA is telling customers of its joint ventures to deposit oil sales proceeds in an account recently opened at Russia's Gazprombank AO, according to sources and an internal document seen by Reuters on Saturday.

PDVSA's move comes after the United States imposed tough, new financial sanctions on Jan. 28 aimed at blocking Venezuela's President Nicolas Maduro's access to the country's oil revenue.

... snip ...

PDVSA also has begun pressing its foreign partners holding stakes in joint ventures in its key Orinoco Belt producing area to formally decide whether they will continue with the projects, according to two sources with knowledge of the talks.

The joint venture partners include Norway's Equinor ASA, U.S.-based Chevron Corp and France's Total SA.

Read more: https://mobile.reuters.com/article/amp/idUSKCN1PY0N3

25 replies, 1760 views

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Reply Exclusive: Venezuela shifts oil ventures' accounts to Russian bank - document, sources (Original post)
UpInArms Feb 2019 OP
Farmer-Rick Feb 2019 #1
Igel Feb 2019 #5
oldsoftie Feb 2019 #6
Farmer-Rick Feb 2019 #7
GatoGordo Feb 2019 #11
DirtEdonE Feb 2019 #16
EX500rider Feb 2019 #17
GatoGordo Feb 2019 #19
DirtEdonE Feb 2019 #21
GatoGordo Feb 2019 #22
DirtEdonE Feb 2019 #24
Achilleaze Feb 2019 #2
DirtEdonE Feb 2019 #25
DirtEdonE Feb 2019 #3
EX500rider Feb 2019 #13
DirtEdonE Feb 2019 #15
Post removed Feb 2019 #18
2naSalit Feb 2019 #4
The Wizard Feb 2019 #8
yaesu Feb 2019 #9
LineReply .
dalton99a Feb 2019 #10
debsy Feb 2019 #12
Takket Feb 2019 #14
Eugene Feb 2019 #20
GatoGordo Feb 2019 #23

Response to UpInArms (Original post)

Sun Feb 10, 2019, 09:34 AM

1. Well this seems to be a win win for Putin again

The US harasses Venezuela (U know like presidential harassment: ) So that they partner up with the Russian Mob. I knew when Trump started in on Venezuela it would work out for Putin.

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Response to Farmer-Rick (Reply #1)

Sun Feb 10, 2019, 11:37 AM

5. They've been in bed together for years.

Much of the billions of dollars loaned to Maduro's government's by Putin's just being paid for in kind.

Not many other places for Maduro to go. He's tried to pull over a billion dollars in bullion from the government's account in Britain, to no avail. The EU is mostly off limits. So's Canada. He's sending gold to Turkey, for storage or for refining (in the case of recently mined gold). Maduro needs the money. You can't buy loyalty with heavy, dirty crude. But since the US was still one of the largest importers of PDVSA crude, it still hurts.

He's left with his usual allies. Putin, Xi, Erdogan; Iran, South Africa. And those who are neutral--Bolivia, Mexico. Hungary.

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Response to Igel (Reply #5)

Sun Feb 10, 2019, 11:43 AM

6. But it still has to be blamed on the US. Now its trump, it used to be Obama.

Thats the way a few folks here still think. Poor Maduro, where can he hide his money and gold??

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Response to Igel (Reply #5)

Sun Feb 10, 2019, 11:50 AM

7. Seems to me Trump pushed him into Putin's waiting arms.

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Response to Farmer-Rick (Reply #7)

Sun Feb 10, 2019, 04:36 PM

11. Seems to me Putin is one of the few friends Maduro has

 

North Korea
Iran
Turkey
Syria
Bolivia
Nicaragua
Cuba
China

Awesome friends!

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Response to GatoGordo (Reply #11)

Mon Feb 11, 2019, 12:21 AM

16. But there's one name not on the list

 

pootin's best friend trump who sits in our White House doing pootin's bidding.

The entire Venezuela thing with trump is being directed by pootin. It's another shit-show to cause more confusion.

There is no longer any way to tell what their motives or goals are.

pootin and trump are far worse than any Venezuelan dictator or any other dictator for that matter. They just want to take our eyes off of the ball and they're very successful so far. Every time they say, "LOOK OVER THERE!" we turn our heads from the real action.

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Response to DirtEdonE (Reply #16)

Mon Feb 11, 2019, 12:50 AM

17. "pootin and trump are far worse than any Venezuelan dictator or any other dictator for that matter"

If your populace isn't starving I disagree.

https://www.hrw.org/news/2018/05/18/hostages-hunger-venezuela

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Response to DirtEdonE (Reply #16)

Mon Feb 11, 2019, 10:11 AM

19. I don't recall our economy suffering through a 1.7 million percent inflation rate

 

Nor our currency losing 99.99999979% of its value over the last 20 years.

Blame Trump for that? The guy who can't organize a two car parade?

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Response to GatoGordo (Reply #19)

Mon Feb 11, 2019, 12:46 PM

21. I do however recall

 

This same BS scenario run down Latin America's throat over and over again every time a non-capitalist government is in power.

The U.S. says they're for democracy but in truth that's only when those "democracies" agree with the U.S.

It even happens outside Latin America. Iran had a democratically elected government in the 50s but the democracy supporting USA overthrew it and handed it back to a dictator, the Shah, who was then overthrown by the Ayatollahs. Just look what we have in the ME today.

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Response to DirtEdonE (Reply #21)

Mon Feb 11, 2019, 01:56 PM

22. So YOU are OK with an blood-thirsty authoritarian dictatorship

 

So long as its a Marxist dictatorship, and not a fascist one?

Viva la revolucion?

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Response to GatoGordo (Reply #22)

Mon Feb 11, 2019, 03:14 PM

24. The American people elected donald j trump

 

I refuse to speak the name of the office he was elected to because it was stolen by a traitor.

THE AMERICAN PEOPLE ELECTED donald j trump TO THE WHITE HOUSE and you have the gall to ask me if I'M OK WITH A BLOOD-THIRSTY AUTHORITARIAN DICTATORSHIP???

Listen, I don't know what your beef is with socialism or Venezuela but the USA is and always has been a vehicle for a very few to make a lot of money at the expense of everyone else. We export hegemony. We have military bases in dozens of nations around the world to protect American corporate interests, NOT democracy as we're told with flags waving and patriotic anthems in the background.

This is what we've always been. An empire.

Columbus, that sadistic criminal, came here financed by people looking to expand their fortunes. The rest is window dressing, based on the actual history of this criminal enterprise known as the United States of America.

Now we are governed by a group of wealthy oligarchs who will stop at nothing to expand their fortunes, just as it always was. Proof? They allowed a psychopathic lying filthy traitor to destroy democracy so they could get a tax cut and fewer regulations.

One other thing, pootin is playing trump like a marionette and YOU trust trump to handle a Western Hemisphere dilemma?

Naivete'? Or something worse? It doesn't matter. The results are the same.

Viva la revolucion. Don't make me laugh.

Stop worrying about Venezuela. The revolution we need is RIGHT HERE. And it always has been.

Any economic or political system is doomed to failure on its own. Capitalism is no different. Without a socialist component, it becomes just another fascist oligarchy. Need more proof?

See: USA. trump. gop. pootin.

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Response to UpInArms (Original post)

Sun Feb 10, 2019, 09:37 AM

2. Nice work, Comrade Dirty Donny* (R)

* aka republican Draft-Dodger-in-Chief

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Response to Achilleaze (Reply #2)

Mon Feb 11, 2019, 03:39 PM

25. Dirty Donny

 

That has a nice ring to it.

Signed:
DirtEdonE

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Response to UpInArms (Original post)

Sun Feb 10, 2019, 10:53 AM

3. It's the only move they had left

 

With traitor trump and the running dogs of capitalism, the "authoritarian kleptocracy with democratic window dressing" at their heels.

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Response to DirtEdonE (Reply #3)

Sun Feb 10, 2019, 07:41 PM

13. "authoritarian kleptocracy with democratic window dressing"

Which perfectly describes Maduro's regime.

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Response to EX500rider (Reply #13)

Mon Feb 11, 2019, 12:17 AM

15. Actually I stole it from someone here

 

Who used it to describe Maduro's administration.

I switched because it so perfectly described the trump regime and the U.S. political system in general since the advent of their voodoo economics, repeated tax breaks for the super-rich, Citizens United, etc.

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Response to DirtEdonE (Reply #15)


Response to UpInArms (Original post)

Sun Feb 10, 2019, 11:14 AM

4. That didn't take long...nt

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Response to UpInArms (Original post)

Sun Feb 10, 2019, 01:28 PM

8. Remembering 1960

Cuba si.
Yankee no.
Only this time our president is in the Russian fold.

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Response to UpInArms (Original post)

Sun Feb 10, 2019, 01:55 PM

9. This is what tRump wanted all along

the Manchurian candidate strikes again.

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Response to UpInArms (Original post)

Sun Feb 10, 2019, 02:01 PM

10. .

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Response to UpInArms (Original post)

Sun Feb 10, 2019, 04:46 PM

12. Yup. Once again, Donny has a win for Vlad.

I'm sure donny-boy will get something out of it. He always acts in his own interests.

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Response to debsy (Reply #12)

Sun Feb 10, 2019, 11:26 PM

14. he's sell out his own mother for $5. So you can bet russia is tossing him a bone for his good work

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Response to UpInArms (Original post)

Mon Feb 11, 2019, 10:56 AM

20. Russia's Gazprombank says Venezuela's PDVSA has not opened new accounts

Source: Reuters

WORLD NEWS FEBRUARY 10, 2019 / 4:43 AM / UPDATED A DAY AGO

Russia's Gazprombank says Venezuela's PDVSA has not opened new accounts

MOSCOW (Reuters) - Russia’s Gazprombank said on Sunday that Venezuela’s state-run oil company PDVSA opened accounts with the bank several years ago and has not opened any accounts recently.

Reuters reported on Saturday that PDVSA was telling customers of its joint ventures to deposit oil sales proceeds in an account recently opened at Gazprombank.

“We stress that no new accounts have been opened and the bank does not plan to open any new accounts,” Gazprombank said.

Reporting by Tatiana Voronova; writing by Andrey Ostroukh; editing by Jason Neely


https://www.reuters.com/article/us-venezuela-politics-pdvsa-banks-gazpro/russias-gazprombank-says-venezuelas-pdvsa-has-not-opened-new-accounts-idUSKCN1PZ07K

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Response to UpInArms (Original post)

Mon Feb 11, 2019, 01:59 PM

23. PDVSA: Now open for business... via Bulgaria!

 



Translation: #DENUNCIA Usurpadores in PDVSA want to use a brokerage house in Bulgaria to continue plundering the vzla money, they ask the debtors to send them money for this way so they can get it out in cash We already communicate with Bulgaria! They will not steal a dollar more (1/2)

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