Marcel Salikhov gave a comment to Forbes about the economic cooperation between Russia and Malaysia.
"Malaysia is widely used as a transit hub for sanctioned oil from Iran and Venezuela," Marcel Salikhov, President of the Institute for Energy and Finance, explained to Forbes. — For example, PDVSA (the state oil and gas company of Venezuela. — Forbes) does not directly supply oil to China, but supplies it to Malaysia. There is a blending of Venezuelan oil with other grades, the new mixture is resold. It is quite possible that at present some parts of Russian oil also fall into these volumes."
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