The commercial agreements between Venezuela and Iran include constant oil exchanges, through which Iran has delivered some 26 million barrels of light crude oil to PDVSA so far in 2022, while Venezuela sends an amount to the National Oil Company of Iran. similar oil and fuel oil
An Iranian tanker with approximately 2 million barrels of light crude oil arrived this week in Venezuelan waters, one more shipment that is part of the commercial exchanges that both countries maintain in terms of hydrocarbons.
the NGO Unite Against Nuclear Iran (UANI for its acronym in English) warned that satellite images detected the presence of the tanker called Dore, with the Iranian flag, near the main port of José, the country’s main oil terminal located in Anzoátegui. Previously, the boat was sighted near Asaluyeh, in Bushehr province, the NGO’s personnel director, Claire Jungman, reported on Tuesday.
Reuters says data from Refinitiv Eikon, a company that provides ship monitoring services, showed that Dore’s radar was turned off in late October after loading the ship with crude.
Shortly thereafter, in November, two Iran-linked tankers left the Venezuelan coast full of fuel oil that was to be exported to Naftiran Intertrade, a subsidiary of the Swiss-based National Iranian Oil Company, which receives much of Iran’s imports. crude oil heading to Iran. This is indicated by PDVSA documents reviewed by Reuters.
These shipments correspond to an agreement between both countries. Venezuela receives light oil and diluents to process exportable crude in its refineries, and in exchange PDVSA gives Iran heavy oil and fuel.
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As part of this deal, Iran has already delivered some 26 million barrels of light crude and condensates to PDVSA so far this year, according to company documents reviewed by Reuters.
In return, Venezuela has exported a similar amount of oil and anticipates another shipment of 1.9 million barrels of fuel oil already scheduled to go on the Iranian-flagged tanker Huge.
This is not the only agreement between the two countries, since Iran has been involved in various projects that aim to revive Venezuela’s oil production.
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