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In order to pay its overdue dividends to ONGC Videsh Ltd, Venezuelan state-owned PDVSA has shipped a $35 million crude cargo. This is the partial payment to the firm. This payment is in accordance with the deal signed by PDVSA and ONGC Videsh in 2016. If sources were to be believed, PDVSA did not transfer any money in over a year because of the economic breakdown in Venezuela.
