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     6 years ago 

    Yes I have read about the repayments in oil to both of the above.

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     6 years ago 

    How much money do they get per gallon? And how much gallons are being shipped?

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       6 years ago 

      Lots, though China always seems to get theirs on time, the same can not be said for Russia.

      Venezuela has struck oil-for-loans deals with China and Russia, and those countries together have lent Venezuela at least $50 billion in exchange for promised oil and fuel deliveries.

      https://www.cnbc.com/2017/05/26/why-the-venezuelan-government-is-throwing-its-people-under-the-bus.html

      [-]
       6 years ago 

      I just learned something thats interesting:

      Lastly, Venezuela won't default on its debt because "many high-ranking government officials and their associates are bondholders," said Moya-Ocampos of IHS, who noted it's "not too common" for high-ranking officials to own their country's debt.

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