Daily Management Review

Venezuela pays no attention to sanctions and supplies oil to Cuba


04/15/2019


PDVSA, the state oil and gas company of Venezuela, continues to supply oil to Cuba after the introduction of new US sanctions in early April, Reuters reported, citing documents of the company itself and data on tanker movements.



maxpixel
maxpixel
According to the agency, tanker Trident Hope with 600 thousand barrels of oil departed from a port of Venezuela to Cuba on Wednesday. A day later there was tanker S-Trotter with 400 thousand barrels of energy. The raw material is destined to the Cuban company Cubametales.

The US announced new sanctions, which were introduced at the request of the opposition-controlled National Assembly of Venezuela in respect of two companies for supplying Venezuelan oil to Cuba and 34 PDVSA vessels.

Venezuelan authorities called new US sanctions unacceptable, cynical and criminal and said they would respond to them in the appropriate legal way, the country's Foreign Ministry said in a statement.

New US sanctions in respect of two companies for the supply of Venezuelan oil to Cuba and against 34 vessels of the state oil corporation PDVSA were introduced at the request of the opposition-controlled national assembly.

Venezuelan Foreign Minister Jorge Arreaza said earlier that the country will fulfill its obligations related to the supply of oil to Cuba, despite the new sanctions by Washington.

Earlier in January, the USA announced sanctions against PDVSA, and restricted assets and interests of the company worth $ 7 billion in total. 

source: reuters.com






Science & Technology

New Security Study Finds Millions Use 123456 As Password For Email Accounts

The Devastating Panama Disease Could Spell Extinction For Bananas

Walmart to hire 4 thousand robot cleaners

Samsung Galaxy Fold: Expensive but fragile

USA and South Korea launch the first commercial 5G networks

Deliveries of AR/VR devices to grow by 54% in 2019

Anti-Stall System Got Activated Before Crash In The Ethiopian 737 MAX Craft: Reuters

Google’s Global Council To Advocate On AI Ethics

US wants to send astronauts to the moon by 2024

Apple shows new entertainment services

World Politics

World & Politics

Ahead Of Australian Election, Environment Stands As A Major Concern To Voters

Foxconn Head Gou Could Run For Taiwan President Election Next January

France opposes EU-US trade negotiations

United States and China to implement trade agreement

Norway's largest party to ban oil production near Lofoten Islands

Estonia's euroskeptics are about to join the government

Eastern Europe wins in double food standards fight

White House Received New Sanctions’ Package For Russia: Bloomberg