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Petróleos
de Venezuela
PDVSA
Petróleos
de Venezuela
PDVSA

 

COMMUNIQUES


February 2021 ANNOUNCEMENT OF EXTENSION OF THE CONDITIONAL OFFER TO THE BONDHOLDERS

The Bolivarian Republic of Venezuela, Petróleos de Venezuela S.A. (PDVSA) y la Corporación Eléctrica Nacional S.A. (CORPOELEC) (the, “Issuers”) announce today that they have extended for an additional period of thirty (30) days, the terms and conditions of the conditional offer (the “Offer”) made to the holders of bonds of the Issuers listed in the Annex to their respective Offer (the “Relevant Bonds”) to submit an acceptance of the Agreement to toll the limitation periods (statutes of limitation) applicable to Enforcement Actions under the Relevant Bonds, until midnight Caracas time on 14 March 2021, unless further extended or early terminated.  Caracas, 12 February 2021 

 

ANNOUNCEMENT OF EXTENSION OF THE CONDITIONAL OFFER TO THE BONDHOLDERS

The Bolivarian Republic of Venezuela, Petróleos de Venezuela S.A. (PDVSA) y la Corporación Eléctrica Nacional S.A. (CORPOELEC) (the, “Issuers”) announce today that they have extended for an additional period of thirty (30) days, the terms and conditions of the conditional offer (the “Offer”) made to the holders of bonds of the Issuers listed in the Annex to their respective Offer (the “Relevant Bonds”) to submit an acceptance of the Agreement to toll the limitation periods (statutes of limitation) applicable to Enforcement Actions under the Relevant Bonds, until midnight Caracas time on 13 February 2021, unless further extended or early terminated. Caracas, 12 January 2021

 

NOTICE OF EXTENSION OF THE OFFER

The Bolivarian Republic of Venezuela, Petróleos de Venezuela S.A. (PDVSA) y la Corporación Eléctrica Nacional S.A. (CORPOELEC) (the, “Issuers”) announce today that they have extended for an additional period of thirty (30) days, the terms and conditions of the conditional offer (the “Offer”) made to the holders of bonds of the Issuers listed in the Annex to their respective Offer (the “Relevant Bonds”) to submit an acceptance of the Agreement to toll the limitation periods (Statutes of Limitation) applicable to Enforcement Actions under the Relevant Bonds, until midnight Caracas time on 13 January 2021, unless further extended or early terminated. Caracas, 12 December 2020

 

EXTENSION NOTICE

The Bolivarian Republic of Venezuela, Petróleos de Venezuela S.A. (PDVSA) y la Corporación Eléctrica Nacional S.A. (CORPOELEC) (the, “Issuers”) announce today that they have extended for an additional period of thirty (30) days, the terms and conditions of the conditional offer (the “Offer”) made to the holders of bonds of the Issuers listed in the Annex to their respective Offer (the “Relevant Bonds”) to submit an acceptance of the Agreement to toll the limitation periods (statutes of limitation) applicable to Enforcement Actions under the Relevant Bonds, until midnight Caracas time on 13 December 2020, unless further extended or early terminated. Caracas, 12 November 2020

 

NEW AGREEMENT TO INTERRUPT THE PRESCRIPTION PERIODS IN PDVSA BONDS

The Bolivarian Republic of Venezuela, Petróleos de Venezuela S.A. (PDVSA) y la Corporación Eléctrica Nacional S.A. (CORPOELEC) (the, “Issuers”) announce today that they have extended for an additional period of thirty (30) days, the terms and conditions of the conditional offer (the “Offer”) made to the holders of bonds of the Issuers listed in the Annex to their respective Offer (the “Relevant Bonds”) to submit an acceptance of the Agreement to toll the limitation periods (statutes of limitation) applicable to Enforcement Actions under the Relevant Bonds, until midnight Caracas time on 13 November 2020, unless further extended or early terminated.  With this decision, Issuers confirm their strong commitment to honor their validly incurred obligations, as well as their desire to stand ready to work constructively in a process of dialogue, in a structured and comprehensive manner, to overcome the limitations imposed by the unilateral coercive measures adopted against the country".

 

STATEMENT ON THE XIII ANNIVERSARY OF PETROCARIBE

The Bolivarian Republic of Venezuela salutes the brother nations of the Caribbean and Central America, signatories of the Petrocaribe Energy Cooperation Agreement, on the occasion of the thirteenth anniversary of this integration mechanism, which has been a fundamental pillar in the stability, energy security and socio-economic development of the peoples of the region.

 

COMMUNIQUÉ PRESIDENTIAL COMMISSION TO RENEGOTIATE THE FOREIGN DEBT TERMS OF THE REPUBLIC AND PDVSA

The government of the Bolivarian Republic of Venezuela is moving forward in the process to achieve the productive and financial consolidation of the homeland. In this context, it ratifies to the international community and to the Venezuelan people, its absolute and responsible commitment to continue upholding the obligations taken by the nation and PDVSA.

 

THE BOLIVARIAN REPUBLIC OF VENEZUELA SUPPORTS EXTENSION OF AGREEMENT TO CUT OIL PRODUCTION BETWEEN OPEC AND NON OPEC COUNTRIES

Venezuela supports the joint proposal voiced by the Minister of Energy, Industries and Mineral Resources of the Kingdom of Saudi Arabia Khalid Al-Falih, and the Minister of Energy of the Russian Federation Alexander Novak to extend for another 9 months the voluntary production cut agreement signed in December 2016 by 24 member and non-member nations of the Organization of the Petroleum Exporting Countries (OPEC) with a view to stabilizing the world oil market.

 

ONLY THE DETERMINE DEFFORT SOF PRODUCER WILL BRING COMMUNIQUE
Only the determined efforts of producers will bring a favorable and just
equilibrium to the oil market

 

EXXON MOBIL COMMUNIQUE
The Bolivarian Republic of Venezuela welcomes the fair decision of the
annulment panel of the International Center for the Settlement of
Investment Disputes (ICSID)

 

JOIN MINISTERIAL MONITORING COMMITTEE CONCLUDES INAUGURAL MEETING
The Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC) concluded
its inaugural meeting today at the OPEC Secretariat in Vienna, Austria.

 

OPEC AND NON-OPEC MINISTERIAL MEETING

 

 

 

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