Motilal Oswal
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Motilal Oswal
Feb 11, 2019 10:35 PM IST | Energy

Venezuela seeks to double oil exports to India

Caracas, which buys medicines and other products from India, is looking for alternative payment methods after the United States imposed stringent sanctions onVenezuela's state oil firm PDVSA in a bid to push out President Nicolas Maduro.
The minister, who said Caracas was open to barter arrangements but did not give details, told reporters during a conference that Venezuela aimed to double oil supplies to India from 300,000 barrels per day (bpd) now.
Venezuela seeks to double oil exports to India
Published Date: Feb 11th, 2019 10:35 PM | Updated Date: Feb 11, 2019 10:35 PM IST
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