Eni and Repsol to Receive Oil-for-Debt Licenses, Venezuela Welcomes ‘Small Steps’

Caracas, June 6, 2022 (venezuelanalysis.com) – The US government has reportedly greenlighted two companies to ship Venezuelan oil to Europe as soon as next month.

Washington is likewise looking to redirect Venezuelan oil shipments from China to Europe in order to cut off Caracas’ income from its Asian ally, which currently buys some 70 percent of Venezuela’s oil production, the unnamed US officials claimed.

Eni and Repsol to Receive Oil-for-Debt Licenses, Venezuela Welcomes ‘Small Steps’

Challenge to the US: Iran Unloads 2 Million Barrels of Crude Oil in Venezuela

The Iranian tanker, with a cargo of two million barrels of the hydrocarbon product needed to dilute Venezuelan extra-heavy crude, arrived on Friday, January 28, at the José port of the state-owned company Petróleos de Venezuela (PDVSA), and will unload during this week, according to a TankerTrackers document, a company specialized in tracking maritime movement in the oil trade.

Challenge to the US: Iran Unloads 2 Million Barrels of Crude Oil in Venezuela