DESPITE THE UNITED STATES SANCTIONS, VENEZUELA HAS RESUMED DIRECT SHIPMENTS OF CRUDE OIL TO CHINA.
It was reported that Venezuela has resumed direct shipments of oil to China, despite the United States sanctions. Chinese state companies, China National Petroleum Corp (CNPC) and its subsidiary PetroChina in August 2019 stopped loading crude oil at Venezuelan ports after U.S sanctioned Venezuela’s state-run oil company (Petróleos de Venezuela or PDVSA) and any companies […]