Report: Iran ships 2m barrels of oil to Venezuela| MENAFN.COM

Sunday, 05 February 2023 07:47 GMT

Report: Iran ships 2m barrels of oil to Venezuela


(MENAFN) An Iranian tanker exporting nearly two million barrels of ultra-light oil has reportedly reached in Venezuelan waters this week, a news agency mentioned in report on Tuesday.

Venezuela and Iran, both under United States restrictions, have latest grew cooperation mainly through a swap that provides Venezuela's state-run oil company PDVSA with light oil for refining and diluents to output exportable crude grades. PDVSA in return provisions Iran with Venezuelan heavy oil and fuel.

The Iran-flagged tanker Dore was witnessed in satellite photos close to PDVSA's Jose terminal on Monday, as reported by new agencies. It was earlier witnessed close to Asaluyeh, in the Iranian region of Bushehr, in October.

PDVSA did not instantly respond to a bid for remark.

Dore's transponder was offline at the end of October following loading the condensate cargo, Refinitiv Eikon vessel monitoring data indicated.

In November, two supertankers associated to Iran left from Venezuelan waters carrying Venezuelan crude and fuel oil for Iran's state company Naftiran Intertrade Co (NICO), in line with internal PDVSA's shipments schedules.

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