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U.S. Sanctions Two Companies Over Venezuela-Cuba Oil Shipments
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Companies own and operate shup used to transport oil
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Treasury says oil industry provides ‘lifeline’ to Maduro
The U.S. sanctioned two foreign companies for allegedly delivering oil from Venezuela to Cuba, part of a continuing effort to step up pressure on the regime of President Nicolas Maduro.
The companies -- linked to the delivery of oil during February and March aboard the tanker Despina Andrianna -- are Ballito Bay Shipping Inc., based in Monrovia, Liberia and ProPer In Management Inc., based in Piraeus, Athens, the U.S. Treasury Department said in a statement. Ballito is the owner of the ship and ProPer is the operator, according to the statement.
