Thursday, February 9, 2023

Chevron’s first shipment of Venezuelan crude leaves for US after license

Chevron Corp’s first shipment of Venezuelan crude After obtaining license from the United States in November departed a ship-to-ship transfer center near Aruba en route to its Pascagoula, Mississippi, refinery, according to shipping data seen by reuters on Tuesday.

Chevron received authorization from the US Treasury Department to revive oil production and expand operations in Venezuela as part of Washington’s efforts to encourage political dialogue in the lead-up to the presidential election in the South American nation.

State oil company PDVSA handed over the first shipment of crude this month to Chevron, which it loaded at Venezuela’s Jose terminal last week, according to shipping data and documents.

Chevron’s Caribbean Voyager tanker this week moved a shipment of 500,000 barrels of Hamaca heavy crude, which was loaded into Malta-flagged Celio in Venezuela, to a transfer center near the Caribbean island of Aruba, according to marine monitoring data from Refinitiv eikon. it was done.

The Seelio is scheduled to arrive at Chevron’s Pascagoula refinery on Jan. 15, according to Eikon data.

Another cargo of Venezuelan crude chartered by Chevron aboard the oil tanker Kerala was in the Lake Maracaibo navigation channel on Tuesday, where a lack of dredging and stranded vessels are causing limits to vessel transit.

“We continue to conduct our business in compliance with all applicable laws and regulations in the jurisdictions where we operate, as well as the sanctions framework provided by the United States Office of Foreign Assets Control,” Chevron said in a statement. reuters,

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Nation World News Desk
Nation World News Desk
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