Exclusive: Venezuela resumes direct oil shipments to China despite U.S. sanctions

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Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a year, according to Refinitiv Eikon vessel-tracking data and internal documents from state company Petroleos de Venezuela (PDVSA).

FILE PHOTO: An oil tanker is seen at Jose refinery cargo terminal in Venezuela in this undated file photo. REUTERS/Jorge Silva

At least one other tanker, the Warrior King, is discharging Venezuelan crude at China’s Bayuquan port, while two PetroChina-owned vessels loaded oil in Venezuela this month, according to PDVSA’s loading schedules and shipping documents, and Refinitiv Eikon data. Wanneng Munay could not be reached for comment. The company that registered its webpage, Moscow-based OGX Trading, told Reuters last month the firm had not been able to start trade activities as planned due to the coronavirus.

The U.S. State Department had no comment about the resumption of direct oil trade between Venezuela and China. One of the vessels, the Xingye, departed from Venezuela on Thursday signaling Singapore as its destination, Eikon data showed. The other, the Thousand Sunny, has not yet set sail. Both tankers were owned by a PDVSA-PetroChina joint venture until earlier this year when PetroChina assumed full ownership,

 

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like anyone cares what biden says!

US cannot just wake up sanctioning countries and putting lives of millions of people in economic and health crises. Sanctions affect common people more than it does to those in power.

What's inflation there now? 10,000,000%? Venezuela. 20 million tomorrow? £1,000,000 for a loaf? Where are the people? Is anyone left alive?

Good for them. Fuck us sanctions.

The GOP helped China and Venezuela with that one, eh? The GOP is failed and failing. Go away. =

So what?You dad U.S. dont happy?

Because they Know that Biden won’t stop them

The US has become a tragic joke, thanks to DiaperDon.

Maduro is a criminal, drug dealer who supports all kind of terrorists groups in Venezuela,

US lol?

So?

It seems like fkng the US is ok. Guess why. The outgoing idiot fkd anyone and everyone

good luck

Oh wow! That could cause a stir up.

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