Venezuela’s PDVSA Has $21 Billion In Unpaid Oil Sales To Collect

March 22, 2023
Posted by: AliensFaith
Category: OBJECTIVE PRESS

Venezuela’s state-owned oil firm PDVSA is owed a massive $21.2 billion from its oil sales, or around 84% of its total invoiced cargo shipments of the past three years, documents reviewed by Reuters showed this week. After the U.S. sanctions on its exports, Venezuela started turning in 2020 to little-known oil trade intermediaries after the withdrawal of legacy oil buyers. The value of Venezuela’s oil exports was $25.27 billion between January 2020 and March 2023. But documents provided to Venezuela’s attorney general during an…

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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Venezuela’s PDVSA Has $21 Billion In Unpaid Oil Sales To Collect

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