Reuters reported exclusively that Venezuela’s state-run energy firm PDVSA is in talks to buy and lease several oil tankers amid a possible expansion in exports, in a sign the country expects U.S. sanctions on its petroleum sector to be eased. Russia’s invasion of Ukraine has set off a global hunt for new oil supplies, especially the heavy oil produced by Venezuela.
Reuters reveals Venezuela’s PDVSA seeks oil tankers in anticipation of U.S. sanctions easing
31 March 2022, 2:59 am 1 minute
Article Tags
Type: Reuters Best
Sectors: Business & FinanceCommodities & EnergyUtilities & Other Energy
Regions: AmericasSouth America
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story