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Rosneft has abruptly sold its Venezuelan assets to the Kremlin in an attempt to get US sanctions removed. Putin will presumably still back Maduro, but it could mean Igor Sechin – who led the Russian delegation to Chavez's funeral – takes a back seat.

By late 2019, Rosneft had emerged as the biggest economic ally of Nicolás Maduro, accounting for up to two-thirds of the country’s oil trade and a significant share of crude production

Kremlin fights U.S. sanctions, backs Maduro in Rosneft deal

Kremlin fights U.S. sanctions, backs Maduro in Rosneft deal

Russia's Rosneft transferred its assets in Venezuela, a move apparently intended to shield the company from U.S. sanctions while Moscow shows support for Venezuelan President Nicolas Maduro in the wake of a U.S. narcotics indictment.

NEW: U.S. issues new sanctions, meant to harm the Maduro regime, against TNK Trading International S.A., a subsidiary of Russia's Rosneft Oil Company, for brokering the sale and transport of Venezuelan oil.

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The U.S. took action to halt the former Maduro regime's theft of #Venezuela 's assets and continued usurpation of democracy by sanctioning Rosneft Trading S.A., which has propped up the dictatorial Maduro and enabled his repression of the Venezuelan people.

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The United States has sanctioned Rosneft Trading S.A. for operating in Venezuela's oil sector & enabling Maduro's repression of the Venezuelan people. The U.S. continues to stand with the people of #Venezuela  until democracy and prosperity is restored.

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The Trump administration announced new sanctions on Russian oil company Rosneft for helping Venezuela skirt sanctions on oil exports meant to pressure the Maduro regime

BREAKING: The Trump administration announced significant new sanctions on Tuesday targeting Rosneft, Russia’s largest oil company, for helping Venezuelan leader Nicolás Maduro circumvent U.S. sanctions.

Financial Times: “Venezuela’s gasoline supplies depend on Russia...The day Russia stops supplying gasoline, Venezuela grinds to a halt...Since 2014 Rosneft has supplied Maduro’s regime $7 billion ”

Russia is not going to save Maduro. #Putin  & his oligarch companies like Rosneft have already poured close to $20 billion in sales, loans & exploration licenses & Maduro doesn’t pay. Putin may be evil, but he is not stupid.

Is the Kremlin’s support for Maduro part of a geopolitical master plan or a consequence of bad business decisions dictating foreign policy? Smart take from ⁦⁩ on how Rosneft got Russia stuck in Venezuela

Russia - mainly through Rosneft - is so heavily invested in the Maduro regime that the only option is to double down support for Venezuela: writes for the

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