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PDVSA leased 41 vessels last year, the documents said, paying about double the market rate, between $14,000 and $36,500 per day, to tanker owners willing to work with Venezuela despite U.S. sanctions imposed in 2019.
Source: https://gcaptain.com/report-finds-venezuelan-tankers-at-risk-of-sinking-fires-spills/
Tareck El Aissami, Venezuela’s Minister of Petroleum, resigned in a surprise move yesterday (March 20), amid a corruption probe into the country’s state-owned oil company, Petróleos de Venezuela SA (PDVSA).
Source: https://qz.com/venezuela-el-aissami-resignation-oil-corruption-maduro-1850246891
The California-based company has delivered at least one shipment of heavy naphtha to its Venezuelan joint oil ventures and has been assigned three crude cargoes by PDVSA so far.