"Here, take this to keep your children warm."
- Jim Garrison, 1969
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Reuters wrote:Russia's Gazprombank decided to freeze PDVSA accounts
MOSCOW, Feb 17 (Reuters) - Russian lender Gazprombank has decided to freeze the accounts of Venezuelan state oil company PDVSA and halted transactions with the firm to reduce the risk of the bank falling under U.S. sanctions, a Gazprombank source told Reuters on Sunday.
“PDVSA’s accounts are currently frozen. As you’ll understand, operations cannot be carried out,” the source said. Gazprombank did not reply to a Reuters request for a comment.
Reuters reported this month that PDVSA was telling customers of its joint ventures to deposit oil sales proceeds in its Gazprombank accounts, according to sources and an internal document, in a move to sideline fresh U.S. sanctions on PDVSA.
Washington says the sanctions, imposed on Jan. 28, are aimed at blocking Venezuelan President Nicolas Maduro’s access to the country’s oil revenue after opposition leader Juan Guaido proclaimed himself interim president and received widespread Western support.
Gazprombank is Russia’s third biggest lender by assets and includes among its shareholders Russian state gas company Gazprom.
The bank has held PDVSA accounts for several years. In 2013, PDVSA said it signed a deal with Gazprombank for $1 billion in financing for the Petrozamora company. The source said that Petrozamora accounts were frozen, too.
(Reporting by Tatiana Voronova Writing by Katya Golubkova Editing by Christian Lowe)
Beren wrote:Maybe it's better if Maduro falls under Trump who trusts Putin more than his own intelligence services.
B0ycey wrote:Why would it be better to submit to the very wanker who is starving your nation of oil revenue? Putin isn't doing anything to make the situation worse for the Venezuelan people so in comparison to Trump is a white knight.
Rancid wrote:Why not? It would certainly give them additional trade advantage.
China is an export economy. There advantage is weakening the Yuan, not strengthen it. Although it needs to be said they the hold a big pile of Dollars. They can trade in anything and always have an advantage.
About Maduro, Beren wrote:...This bullshit regime ...
... it's better if Maduro falls under Trump who trusts Putin more than his own intelligence services.
redcarpet wrote:Does Maduro have his own secret harem where he goes to rape the women? His Swiss bank account needs to be tracked down!
B0ycey wrote:Reality check for one person on here. Venezuela has the largest proven oil reserve on the planet. If their industry is dead then so is demand for oil.
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