Chevron tanker to source USA’s first Venezuelan crude in years

Venezuela
As the US government eases sanctions imposed on Venezuela four years ago, Chevron has been authorised to send two tankers to the South American country, Reuters reported on Friday.

A source told the news agency that one of the two tankers would return with the first shipment of Venezuelan crude in almost four years. The second tanker will offload a cargo of diluents to a Chevron joint-venture operation in the country.

In November 2022, the US government issued a six-month licence for Chevron to expand its role in its Venezuelan operations, including the delivery of Venezuelan crude.

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