The Maduro system is trying to encourage "barter" with India to increase oil sales and its output. avoiding US sanctions


Chavez authorities are open other pay systems with India, such as hitting, to increase oil sales to the third largest consumer of world-wide.

Venezuela is buying many of Indian products, including cureand he is Looking for other payroll tools after a hard-hitting barrier application with the United States against PDVSA, with the aim of eliminating oil exports and stressing the resignation of President Nicolás Maduro.

"We will continue to connect with India, continue trading and restrict trade and relationships only"Venezuela's oil minister Manuel Quevedo said on Monday in the Petrotech conference framework, not to provide more information on how saved by India.

Venezuela's oil work has declined over the last forty years, from over 3 million barrels per day (bpd) at the beginning of the century to 1.2 million and 1.4 million bpd by the end of 2018. Most of the raw oil is in it; do now heavy or heavy, which need to be included in the waulking.

Venezuela's current oil production at 1.57 million pd, Quevedo said.

(With information from Reuters)

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