PARAGUAY VENEZUELA

Petropar acknowledges debt to PDVSA, will file case before Paris court

EFEAsuncion2 Aug 2016

President of Petropar Paraguay delivers a presser at Mburuvicha Roga Presidential Residence in Asuncion, Paraguay, 2 August 2016. EFE/Andres Ctristaldo Benitez

President of Petropar Paraguay delivers a presser at Mburuvicha Roga Presidential Residence in Asuncion, Paraguay, 2 August 2016. EFE/Andres Ctristaldo Benitez

President of Petropar Paraguay delivers a presser at Mburuvicha Roga Presidential Residence in Asuncion, Paraguay, 2 August 2016. EFE/Andres Ctristaldo Benitez

 
 
 
 
 
• Menéame

Petropar president Eddie Jara on Tuesday reiterated that the state-run Paraguayan company acknowledges the $265 million debt demanded by Petroleos de Venezuela, or PDVSA, and that they will take this case before the International Chamber of Commerce in Paris, which will mediate the dispute between the two firms.

"Petropar acknowledges the debt and is going to honor it as a serious firm in a serious country," Jara told the media after meeting with Paraguayan President Horacio Cartes.