On February 4. most European Union member-states recognized Guaido as Venezuela’s interim president.
Read More »Europe`s Gas Dilemma: Buying from Russia or other Competitors?
Russia has held a decades old gas supply monopoly. dating back to the end of World War II. in Europe.
Read More »Trade with Iran Part of SPV Payment Mechanism
Trade and commerce with Iran is part and parcel of INSTEX.
Read More »European Buyers Stop Buying Venezuelan Crude
In Europe. PDVSA trades with Spain’s energy major Repsol. commodity traders Trafigura and Vitol.
Read More »Russia Needs Legal Guarantees from EU to Start Work on Turkish Stream
The pipeline’s offshore section is expected to equal about 910 km.
Read More »Iran Ready for Constructive Engagement with Europe
EU foreign policy chief Federica Mogherini has also welcomed the INSTEX.
Read More »EU will Try for Iran Taking Advantage of JCPOA Benefits
O'.Sullivan urges the US to respect the fact that Europe is still among signatories of the JCPOA.
Read More »Germany. France. UK to Set Up EU Channel for Transactions with Iran
The European transactions channel for Iran will be called INSTEX (Instrument in Support of Trade Exchanges).
Read More »Venezuela`s PDVSA Orders Prepayment for U.S.-Bound Oil Cargoes
Venezuela exports about 500.000 barrels per day (bpd) of crude to the United States.
Read More »8 Months Too Long for Establishing SPV
All the EU countries are hoping that SPV would be in place soon.
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