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Venezuela's Maduro says debt payments to Russia may be restructured
October 4, 2017 / 7:32 AM / 2 months ago

Venezuela's Maduro says debt payments to Russia may be restructured

MOSCOW, Oct 4 (Reuters) - Venezuelan President Nicolas Maduro said on Wednesday that his country’s debt payments to Russia might be restructured.

Speaking at an energy forum in Moscow, Maduro said that Venezuela would meet all of its debt and obligations however.

Russia’s largest oil producer Rosneft is buying a growing volume of Venezuelan crude and other products while extending loans to Maduro’s government.

Rosneft said in August it had made around $6 billion in pre-payments to Venezuelan state oil company PDVSA and had no immediate plans to make any further advance payments soon. (Reporting by Jack Stubbs and Katya Golubkova; Writing by Dmitry Solovyov; Editing by Andrew Osborn)

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