Oil Tanker Carrying Venezuelan Crude Heads Straight To U.S. In First Shipment Under New 50-Million-Barrel Oil Supply Deal
A tanker carrying Venezuelan heavy crude has departed directly for the United States, marking the first such shipment under a new 50-million-barrel oil supply agreement between Venezuela and the US.
The Liberia-flagged tanker Gloria Maris, chartered by trading firm Trafigura, left Venezuela’s Jose port on Sunday carrying around one million barrels of Merey heavy crude.
Vessel tracking data showed that the cargo is bound for the Louisiana Offshore Oil Port (LOOP).
This is the first cargo shipped directly from Venezuela to a US port since the agreement was signed earlier this month.
Previous shipments under the deal were first sent to storage terminals in the Caribbean before being marketed and sold to refiners globally.
The shipments follow the granting of US licences to Vitol and Trafigura, allowing them to load and export Venezuelan oil under the agreement.
Shipping data showed that the two companies have already shipped between 10 million and 11 million barrels of Venezuelan crude as part of the deal and are preparing to begin exporting fuel oil as well.
Data also showed that a second vessel, the Barbados-flagged tanker Volans, departed from Jose on Sunday carrying about 450,000 barrels of Venezuelan crude to the Bullen Bay terminal in Curaçao.
Per industry data, Venezuela has accumulated more than 40 million barrels of oil in storage since last month.
The country will need to clear most of these volumes before it can reverse the production cuts imposed during the US blockade of sanctioned tankers.
Reference: Reuters
Disclaimer :
The information on this website is for general purposes only. While efforts are made to ensure accuracy, we make no warranties of any kind regarding completeness, reliability, or suitability. Any reliance you place on such information is at your own risk. We are not liable for any loss or damage arising from the use of this website.
Related Posts
Disclaimer :
The information on this website is for general purposes only. While efforts are made to ensure accuracy, we make no warranties of any kind regarding completeness, reliability, or suitability. Any reliance you place on such information is at your own risk. We are not liable for any loss or damage arising from the use of this website.
Related Articles
Latest News
⚓️ Enhance Your Knowledge. Prevent Accidents. Stay Safe at Sea.
1. eBooks for Engine Department
Master machinery operations, troubleshooting, and safety procedures with expertly written guides tailored for marine engineers. Prevent costly breakdowns and onboard accidents through practical knowledge.
👉 Explore Engine Department eBooks
2. eBooks for Deck Department
Sharpen your seamanship, navigation, and cargo-handling skills with real-world case studies and practical insights designed for deck officers and cadets.
👉Discover Deck Department eBooks
3. eBooks on Electrical Fundamentals & Issues
Understand marine electrical systems, identify potential faults, and prevent onboard electrical failures with step-by-step explanations from industry experts.
4. Pocket Guides for Quick Reference
Compact, handy, and loaded with essential checklists—perfect for on-the-go reference during operations and emergencies at sea.
5. Combo Packs to Save Big
Access multiple expert eBooks at discounted prices. Ideal for professionals seeking complete safety and operational knowledge across various ship departments.
6. Digital Maritime Courses – Learn at Your Own Pace
Upgrade your competence with Marine Insight Academy’s online courses. Learn from industry professionals anytime, anywhere, and become a safer, smarter seafarer.
Subscribe To Our Daily Newsletter
By subscribing, you agree to our Privacy Policy and may receive occasional deal communications; you can unsubscribe anytime.
BE THE FIRST TO COMMENT