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Venezuela's PDVSA shifts oil ventures' accounts to Russia's Gazprombank — media

February 10, 4:29 UTC+3 NEW YORK

Reuters said PDVSA's move follows new US financial sanctions imposed on January 28

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PDVSA headquarters in Caracas

PDVSA headquarters in Caracas


NEW YORK, February 10. /TASS/. Venezuela's state-run oil company PDVSA (Petroleos de Venezuela, S.A.) is telling customers of its oil joint ventures to deposit sales proceeds at an account at Russia's Gazprombank, Reuters reportes on Sunday citing sources and internal documents.

Reuters said PDVSA's move follows new US financial sanctions imposed on January 28 and aimed at blocking President Nicolas Maduro's access to Venezuela's oil revenue.

On January 23 Venezuelan National Assembly Speaker Juan Guaido proclaimed himself as the country's acting president. Venezuelan President Nicolas Maduro has described it as a coup attempt and announced severing diplomatic relations with the United States.

Guaido was recognized as interim president by the Lima Group countries (except for Mexico), as well as by Albania, Georgia, the United States, and the Organization of American States. Several EU countries came forward with support for the Venezuelan parliament and expressed hope for new elections to resolve the crisis. Maduro was supported by Russia, Bolivia, Iran, Cuba, Nicaragua, El Salvador and Turkey. Belarus and China called for resolving all issues by peaceful means and spoke against any interference from the outside. The UN secretary general called for dialogue to resolve the crisis.

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