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Iranian Ship Arrives at Venezuela Port, Deifying US Sanctions

  • January, 09, 2021 - 12:40
  • Economy news
Iranian Ship Arrives at Venezuela Port, Deifying US Sanctions

TEHRAN (Tasnim) – An Iranian ship arrived at the Venezuelan port of La Guaira on Thursday, according to Refinitiv Eikon data, in defiance of illegal US sanctions against the two longtime allies and trade partners.

Economy

The vessel tracking data shows the Iranian-flagged general cargo ship Golsan berthed at La Guaira on Thursday.

The ship, owned by Mosakhar Darya Shipping Co, left Iran in late November, according to Eikon data.

Last July, the Golsan brought food to supply Venezuela’s first Iranian supermarket and later returned home carrying a cargo of alumina, a powder refined from bauxite that is used for manufacturing aluminum.

Venezuela is grappling with shortages of gasoline due to sanctions unilaterally imposed by the United States not only on Caracas but also on Iran.

Venezuela sits on the world’s largest oil reserves. The country’s refineries can produce more than 1.3 million barrels per day (bpd) of fuel, but they are working at less than 20% of their capacity mainly due to power outages and lack of spare parts amid the US sanctions.

Iran has already sent several tankers loaded with barrels of gasoline and alkylate to Venezuela to help jump start the oil refineries there amid the fuel crisis.

The two OPEC-member countries have deepened their cooperation over the past year.

 
R1517/P42410
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Iran’s Tanker Arrives in Venezuela to Load Oil
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