With U.S. sanctions blocking Venezuela from selling oil to the United States, st...
MEXICO CITY/CARACAS - With U.S. sanctions blocking Venezuela from selling oil to the United States, state-owned energy firm PDVSA has turned to several little-known buyers that include a tiny Turkish company with no refineries but ties to President Nicolas Maduro’s government, according to internal documents and a PDVSA source.
Three sources with knowledge of the matter told Reuters that directors at a March 14 meeting of PDVSA’s board temporarily waived some requirements for new customers or suppliers, including that of having at least two years’ experience in the oil industry.
Reuters was unable to determine the terms under which Iveex Insaat is receiving Venezuelan oil and was unable to confirm who would ultimately buy and refine the crude, as the company has no refineries.The PDVSA source, a shipping broker and a maritime inspector - all of whom declined to be named - told Reuters that Iveex had agreed to deliver refined products to Venezuela in exchange for receiving crude.
Turkey is one of the main buyers of the South American country’s gold, which has become an important source of cash as oil output falls. Venezuela’s information ministry - which responds to media requests on the government’s behalf - did not respond to an email seeking comment.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Home Sweet Tiny House? Amazon Is Selling Tiny Homes for Less Than $20,000Home sweet tiny house? Amazon is selling tiny homes for less than $20,000
Leer más »
Oil Minister Zanganeh says hopeful Iran's oil exports will improve: TVIran's Oil Minister Bijan Zanganeh said on Sunday that he was very hopeful ...
Leer más »
Breakingviews - Global central bank assault claims Turkish victim(Reuters Breakingviews) - Independent central bankers are under attack around th...
Leer más »
You Can Actually Buy These 20 Amazing Tiny Houses On AmazonSome even come with free shipping for Prime members!
Leer más »
How to make a better raincoat with tiny “water bowls”Tinkering with a surface's geometry is an effective way of improving water resistance, new research has found
Leer más »
Erdogan says Turkish cenbank chief ousted for refusing rate cuts: reportTurkish President Tayyip Erdogan sacked the central bank governor for refusing t...
Leer más »