PDVSA had been obliged to disclose financial information to the SEC because it held bonds which were traded on US markets.
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Venezuela Wants to Account to the US No More
PDVSA has said it will no longer disclose information
Venezuela's state oil firm PDVSA has said it will no longer disclose information to US financial regulators after paying off debts in the US.
PDVSA bought up $83m in US-traded bonds. The US is reliant on Venezuela for 15% of its oil imports.
PDVSA had been obliged to disclose financial information to the SEC because it held bonds which were traded on US markets.
Relations between the two nations have deteriorated amid regular claims by President Chavez that the US is interfering in Venezuelan affairs.
PDVSA had been obliged to disclose financial information to the SEC because it held bonds which were traded on US markets.
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