PDVSA owes Cardon IV partners Eni and Repsol $1bn

(Energy Analytics Institute, Piero Stewart, 25.May.2018) ‐- Venezuela’s state oil company PetrĂłleos de Venezuela owes an estimated $1bn to its partners in the CardĂłn IV natural gas project offshore. Gas Energy Latin America partner Antero Alvarado told PetroguĂ­a in interview that Caracas-based PDVSA is accumulating estimated monthly expenses of $60mn […]