Venezuela's state-run PDVSA has shipped 1 million barrels of oil to Cuba da...
- Venezuela’s state-run PDVSA has shipped 1 million barrels of oil to Cuba days after the United States imposed fresh sanctions on vessels and firms involved in exports to the island in an effort to halt oil trade between the political allies, according to a PDVSA document and tanker tracking data.
Tanker Trident Hope left Venezuela’s Jose port on Wednesday, and the S-Trotter tanker left on Thursday, both bound for Cuba’s state-run company Cubametales. The first one is carrying 600,000 barrels of Venezuela’s Zuata 300 crude and the second one is set to deliver 400,000 barrels of Merey crude. One of them, the Despina Andrianna, carrying 500,000 barrels of crude for Cuba’s state oil company Cupet, was among the vessels sanctioned.
Those sanctions came on top of a previous round in January targeting PDVSA itself, part of the Trump administration’s effort to choke off revenue for Maduro’s socialist government and pave the way for Juan Guaido, the leader of the opposition-controlled National Assembly who invoked Venezuela’s constitution to assume an interim presidency, to take power.
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