Venezuela Denies Oil Asset Freeze

February 9th, 2008 • Related • Filed Under

Venezuela denies oil asset freeze

Venezuela’s state-run oil firm has denied that US oil giant Exxon Mobil had won a court order to freeze up to $12bn (£6bn) of its assets.

PDVSA said that while it accepted that $300m in cash had been frozen, this was only a “transitory measure”.

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