Home reuters-top-news Exclusive: Venezuela’s cash-strapped PDVSA offers Rosneft oil stake – sources

Exclusive: Venezuela’s cash-strapped PDVSA offers Rosneft oil stake – sources

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CARACAS/HOUSTON (Reuters) – Venezuelan state oil company PDVSA has offered Russian counterpart Rosneft a stake in a joint venture in the country’s Orinoco Belt extra-heavy crude area, five industry sources said, in a sign of the Latin American nation’s dire economic situation and Moscow’s growing muscle there.