Venezuela's national oil company PDVSA has reduced its advance payment debt owed to Russia's Rosneft from $1.1 billion to $800 million in the third quarter of 2019, according to the presentation of the Russian company
MOSCOW (Pakistan Point News / Sputnik - 06th November, 2019) Venezuela's national oil company PDVSA has reduced its advance payment debt owed to Russia's Rosneft from $1.1 billion to $800 million in the third quarter of 2019, according to the presentation of the Russian company.According to Rosneft, PDVSA's advance payment debt amounted to $1.8 billion as of the end of the first quarter of the year, to $2.3 billion as of the end of 2018 and to $4.6 billion as of late 2017.