Venezuela Seeks to Double Oil Exports to India
CARACAS, Feb 12 (NNN-TELESUR) — Venezuela wants to double its oil sales to India and is open to barter payment arrangements with the world’s third biggest crude consumer, Venezuelan Oil Minister Manuel Quevedo said.
“India also wants to increase the intake,” Quevedo said after a meeting with Indian refiners. “We are selling more than 300,000 barrels a day but of course we want to increase that and India also wants to increase the intake from Venezuela. We want to double that amount.”
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