Russia began supplying oil to Venezuela – 2024-02-22 11:44:42

by times news cr

2024-02-22 11:44:42

The Ligera supertanker carrying a 1.7 million barrel shipment of Russian Urals oil has approached the shores of Venezuela, marking the first delivery to the South American country in at least five years. Bloomberg writes about this with reference to data from the ship tracking system, Day.Az reports with reference to Lenta.ru.

Previously, Venezuela, the country with the largest proven oil reserves, purchased foreign oil to dilute its own and further export. Due to US sanctions, this procedure complicates identification and simplifies sale.

However, the publication notes, there is no exact information about why Venezuela needs Russian oil. Separately, the author of the material points out that the shipment arrived in South America at a time when the situation in the Red Sea disrupts the usual trade routes; accordingly, the supply of Russian oil from the Baltic and Black Seas to India and China has become more complicated.

In the past, Russia sent its oil to Cuba, but in recent years supplies have been small. In 2022, the island received six tankers, in 2023 – only two. The current tanker collected the shipment via ship-to-ship transfer off the coast of Greece.

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