Venezuela to Resume Gasoline Shipments to Iran, EIG Reports
Venezuela will resume gasoline shipments to Iran after a pause of more than two years, Energy Intelligence Group reported.
State-run Petroleos de Venezuela SA has agreed to supply two 30,000-ton cargoes gasoline cargoes per month to Iran, EIG said in its International Oil Daily newsletter, citing Middle East trading and shipping sources that it did not identify.
The first cargo is due to arrive at the port of Bandar Abbas in early February, the report said. The shipments are a gesture of goodwill from Venezuela after U.S. and European sanctions restricted the supply of fuel imports into Iran, EIG said.
To contact the reporter on this story: Marek Strzelecki in Warsaw mstrzelecki1@bloomberg.net
To contact the editor responsible for this story: Steve Voss at sev@bloomberg.net
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