Oil tanker carrying Iranian crude for PDVSA arrives in Venezuelan waters – document

A car drives past the El Palito refinery owned by PDVSA in Puerto Cabello, Carabobo state March 2, 2016. REUTERS/Marco Bello/

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MARACAY, Venezuela, June 13 (Reuters) – An Iranian-flagged tanker carrying around 1 million barrels of crude from the Middle Eastern country arrived in Venezuelan waters over the weekend, a shipping document shows. seen by Reuters on Monday.

The cargo is one-third of Iranian crude supplied by Iran’s Naftiran Intertrade Co (NICO) to Venezuela’s state-owned oil company PDVSA following a supply contract to supply the South American nation with lighter crude. Venezuela processes Iranian oil in its refineries.

The Suezmax Sonia I tanker, which left Iran’s Kharg Island port in early May, hit waters near Venezuela’s Amuay refinery on Saturday, according to an official notice of its arrival and data from the Refinitiv Eikon vessel.

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Two other Iranian-flagged tankers, the Very Large Crude Carriers (VLCCs) Dino I and Silvia I, had arrived in Venezuelan ports last month carrying the first shipments of Iranian crude for Venezuela. They then loaded Venezuelan heavy oil and fuel for Iran in exchange, according to PDVSA tracking data and schedules. Read more

Defying US sanctions on both countries, Iran has since 2020 sent fuel to Venezuela and helped repair refineries. Read more

The contract signed by the countries’ state-owned companies in May covers the refurbishment and expansion of PDVSA’s 146,000 barrel-per-day El Palito refinery, and it also expanded a swap deal struck last year to exchange Iranian condensate for Venezuelan heavy crude.

On Saturday, Iran and Venezuela signed a 20-year cooperation plan in Tehran, with the leader of the Islamic Republic saying the allies would continue to resist pressure from Washington. Read more

The plan covers cooperation in oil, refining, petrochemicals, defence, agriculture, tourism and culture. It also included the delivery of the second tanker built by Iranian shipyard SADRA for Venezuela. SADRA has been under US sanctions for more than a decade for its ties to Iran’s elite Revolutionary Guards.

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Reporting by Mircely Guanipa; Written by Marianna Parraga; Editing by Lisa Shumaker

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