U.S. resumes imports of Venezuelan oil under new licence to Chevron
Two tankers chartered by Chevron carrying Venezuelan crude reached U.S. waters on Thursday, marking the first U.S. imports of Venezuela’s oil following a new license granted by the Trump administration, Reuters reported, citing vessel tracking data.
The U.S. Treasury Department last month issued a restricted licence to Chevron allowing the company to operate in Venezuela and export its oil after a three-month pause triggered by more strict policies towards the Maduro government.
The Mediterranean Voyager and Canopus Voyager vessels reportedly loaded Venezuelan Boscan and Hamaca crudes earlier this month after negotiations with PDVSA, which is Chevron’s Venezuelan partner in several joint ventures.
The tankers plan to discharge at Port Arthur, Texas, and New Orleans, Louisiana, and two other Chevron cargoes that set sail from Venezuela this month also are on their way to the U.S., according to the report.
