Sinopec accused PDVSA of “deceit” and “wilful deception” over its alleged refusal to pay its bills. Photo: Reuters Sinopec accused PDVSA of “deceit” and “wilful deception” over its alleged refusal to pay its bills. Photo: Reuters
Sinopec accused PDVSA of “deceit” and “wilful deception” over its alleged refusal to pay its bills. Photo: Reuters

China’s Sinopec sues Venezuelan oil firm as Beijing’s patience wanes over debt crisis

US subsidiary of Chinese conglomerate seeks US$23 million in damages from PDVSA in dispute over payment for 45,000 tonnes of steel rebar

Topic |   Venezuelan crisis
Sinopec accused PDVSA of “deceit” and “wilful deception” over its alleged refusal to pay its bills. Photo: Reuters Sinopec accused PDVSA of “deceit” and “wilful deception” over its alleged refusal to pay its bills. Photo: Reuters
Sinopec accused PDVSA of “deceit” and “wilful deception” over its alleged refusal to pay its bills. Photo: Reuters
READ FULL ARTICLE