Economía 19-10-2017

Rosneft is willing to discuss with Pdvsa swap of Citgo

Rosneft will consider proposals to replace with another asset the participation in the US refinery Citgo of PDVSA that maintains as collateral for a loan of 2016 granted to Venezuela, according to an information that was released to the Reuters news agency the president of the Russian oil company Igor Sechin.

"If they offer something more interesting, we will consider them," Sechin said at a press conference, adding that Rosneft had no plans to use its stake in Citgo in any other way than as a guarantee.

Reuters reported in July that Rosneft was negotiating a swap of its collateral in Venezuela-owned Citgo through state oil company PDVSA for a stake in energy assets and fuel supplies to avoid complications from potential US sanctions.

Energía 16