CORRECT: PDVSA Debt to Suppliers Up 40% in 2012, El Universal
Corrects 2011 dollar figure in first paragraph.
Co. increased its debt to service suppliers to $14.6b in 2012 from $10.4b in 2011, El Universal reports today citing Oil Ministry annual report. * Total income fell 3% last yr to $121b, the newspaper said * Co. reported net profit of $4.7b in 2012 * NOTE: PDVSA said Jan. 22 total debt rose 14.7% in 2012 to $40b from $34.9b at end of 2011 * NOTE: Schlumberger, world’s largest oil-services co. said March 18 it’s reducing work in Venezuela because of trouble getting paid by PDVSA
To contact the reporter on this story: Corina Pons in Caracas at firstname.lastname@example.org
To contact the editor responsible for this story: James Attwood at email@example.com
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.