Ancap pays Pdvsa USD 517 million
The agreement on the anticipated payment was reached on August 4, 2012
"Ancap canceled (...) the debt incurred during August 2005-March 2012, which included the financing of 48 cargoes of crude oil," the firm said as quoted by AFP.
The agreement on the anticipated payment was reached on August 4, 2012, after years of negotiations, during a brief visit Venezuelan Minister of Energy and Petroleum and President of Pdvsa Rafael Ramírez paid to Montevideo, a few days after Venezuela joined the Common Market of the South (Mercosur).
At least 30 years had passed since his last visit to Caracas. He had little time to become an expert on moving about in such a complicated metropolis. Whether it was hopping on the subway, finding directions, playing waiting games at public agencies, eating whatever he could and sleeping wherever he could, Guerrero senior had been wandering the streets for 60 days, and thanks to "the boys" he found some sort of relief by way of helping hands.