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PDVSA begins paying to OVL
Dec. 6, 2018

PDVSA begins paying to OVL

ONGC Videsh Ltd (OVL) has received payment from PDVSA towards their $449 million of outstanding dues. The payment of USD 32 million came through Reliance Industries which bought Venezuelan crude oil last month. $449 million of accrued dividends from the San Cristobal field in Venezuela was due to OVL for four years. OVL owns 40% stakes in the field.

   Read More About : Midstream ONGC Videsh PDVSA Venezuela RIL
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