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Efforts ramped up for OVL's $580-mn Venezuela dues
Financial Express Kochi
|January 28, 2026
AMID SHIFTING GEOPOLITICAL equations following the recent US intervention in Venezuela, India has stepped up efforts to unlock nearly $580 million in stalled dividends of ONGC Videsh, underscoring the growing interplay between sanctions policy and India’s overseas energy investments, according to people familiar with the matter.
Along these lines, India is carrying out diplomatic engagement with Washington and Caracas.
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