Russia’s Lukoil Halts Oil Swaps In Venezuela After U.S. Sanctions

By Tsvetana Paraskova | Oilprice.com | February 15, 2019 Litasco, the international trading arm of Russia’s second-biggest oil producer Lukoil, stopped its oil swaps deals with Venezuela immediately after the U.S. imposed sanctions on Venezuela’s oil industry and state oil firm PDVSA, Lukoil’s chief executive Vagit Alekperov said at an investment forum in Russia. Russia, […]

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