Iranian-Flagged Ship Arrives in Venezuela Again Despite US Pressure, Tracking Data Suggests

Venezuela and Iran, two nations which have been closely focused by US sanctions, have maintained their shut cooperation in the gas sector. Tehran has been sending ships to the South American nation to deliver gasoline provides or load them with Venezuelan crude for future exports.

An Iranian-flagged ship made its solution to the Venezuelan port of La Guaira this week, Reuters reported, citing vessel monitoring information supplied by Refinitiv Eikon analytical agency.

The Golsan, a cargo ship which had reportedly entered port on Thursday, was noticed leaving Iran in November. However, it stays unclear what’s on board the vessel, which is owned by Mosakhar Darya Shipping Co.

Back in July, the Golsan got here to Venezuela from Iran loaded with meals in a bid to provide the nation’s first Iranian grocery store. It later made its approach again to the Republic with alumina powder on board, a substance used to supply aluminium steel.

The two international locations, each members of OPEC, have been in shut industrial cooperation over the previous 12 months. Iran has been sending its fuel-loaded tankers to Venezuela in trade for gold and in addition to load them with Venezuelan crude oil, for cargo to different international locations.

In December, it was reported that National Iranian Oil Company (NIOC) had despatched a Palau-flagged vessel to Jose, a Venezuelan port, to load it with 1.9 mln bbl of oil from Venezuela’s state-owned PdVSA that was designated as a shipper in the transaction.

Both Iran and Venezuela have been beneath excessive sanctions stress from Washington. In January 2019, the US Treasury Department subjected PdVSA to sanctions, successfully prohibiting American companies from participating in transitions with the corporate.

In 2020, Washington punished Russia’s Rosneft Oil Company and 4 different international shippers for conducting enterprise with the oil large. But Iran, which has lengthy been a goal of American financial stress and an arms embargo, has solely been ramping up ties with Venezuela, in defiance of US sanctions.  


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