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Article: VENEZUELA: PDVSA DEBT SERVICE PAYMENTS TO INCREASE IN 2003.(Brief Article)
- Article from:
- IPR Strategic Business Information Database
- Article date:
- November 7, 2002
CopyrightCOPYRIGHT 2002 Info-Prod (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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According to "El Universal", State oil company PDVSA plans to disburse close to US$1.54 billion in debt service in 2003, or 45% increase as compared with 2002. Official PDVSA figures indicate that close to US$851 million should be repaid this year, with the remaining US$697 million being paid next year. Disbursements to cover interests accrued by short- and ...