The Free Press Journal

US NSA WARNS INDIA ON VENEZUELAN OIL

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UNITED NATIONS: US National Security Adviser John Bolton has issued a warning to India against buying Venezuelan oil, saying it "will not be forgotten" even as Venezuela's Foreign Minister Jorge Alberto Arreaza countered that it was an attempt to impose Washington's global "dictatorsh­ip". The US does not consider that Maduro's government has the right to sell the country's oil -- and hence, calls the oil exports "theft". Venezuelan Oil Minister Manuel Quevedo, who is in New Delhi to attend the Petrotech 2019 trade event, told reporters on Monday that his country wanted to double the current oil exports of 340,000 barrels per day to India. Venezuela is the third largest supplier of oil to India. Reliance Industries and Nayara Energy are its biggest customers.

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