Report: 4th Iran Condensate Cargo Due in Venezuela

Date: 03 December 2021 - 21:38

News ID: ۹۷۳۲۵

CARACAS, Dec 2 (Reuters) – A cargo of Iranian condensate intended for Venezuela’s state-run oil company, PDVSA, the fourth delivery this year, will discharge in coming days at the country’s main oil port, a Venezuelan lawmaker said on Thursday.
The swaps, occurring amid U.S. sanctions on both nations and their oil industries, have allowed PDVSA to ramp up crude output this autumn to levels close to those of early 2020.