Publicado: Lun, Febrero 11, 2019
Global | Por Milagro Delgado

Venezuela utilizing Russian banks to skirt United States oil sanctions

Venezuela utilizing Russian banks to skirt United States oil sanctions

"The report by Reuters agency does not correspond with reality".

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.

In turn, Venezuelan government claimed that the country does not experience a humanitarian crisis, with President Nicolas Maduro, who blames Washington for staging a state coup in Venezuela, having called USA assistance as a "political show".

State-run PDVSA several weeks ago informed customers of the new banking instructions and has begun moving the accounts of its joint ventures, which can export crude separately.

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

2018 was fourth hottest year on record due to global warming
But in the long-term, the two agencies strongly agree on the pace and trajectory of global warming. Collectively the four years are the warmest recorded since 1880.

Juan Guaido, Venezuelan opposition leader and parliament speaker, whose appointment to that position had been cancelled by the country's Supreme Court, declared himself interim president at a rally in the country's capital of Caracas on January 23.

On January 23, Guaido declared himself the country's interim president and was immediately acknowledged by the United States, Canada and other USA allies.

The European Union has encouraged member countries to recognize a new temporary government led by Guaido until new elections can be held.

Russia, Turkey, China, Iran, Bolivia and Mexico have put their weight behind Maduro.

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