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Eni and Repsol struggle to recover $6bn in receivables from Venezuela

Eni and Repsol are facing difficulties recovering payments for gas deliveries to Venezuela, with an outstanding balance of $6bn and no clear engagement from U.S. authorities on the matter.

Eni and Repsol struggle to recover $6bn in receivables from Venezuela

CountriesEspagne, Italie, États-Unis
SectorGaz
ThemePolitique & Géopolitique

European energy groups Eni SpA and Repsol SA have for months been trying to recover around $6bn in payments related to natural gas deliveries to Venezuela, without success. According to sources familiar with the matter, both companies are encountering a lack of engagement from U.S. authorities, despite the financial weight of the receivables.

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