The Trump administration revoked permits and exemptions that allowed Western energy companies to operate in Venezuela, according to Saturday three people familiar with the matter. This measure is very isolated to the Venezuelan president, Nicolás Maduro, of the world oil market.
The decision affects several companiesincluding the American oil company Global Oil Terminals, directed by the energy tycoon Harry Satherant III. The Spanish Repsol and the French Maurel et prom are among the other companies that must close their operations in Venezuela before May 27, people said.
The decision also focuses on licenses issued to Venezuelan gas companies that have agreements with the state oil company, PDVSA, said one of the people.
The United States Department of the Treasury had issued different permits to international oil and gas companies, including licenses, exemptions or comfort letters, To allow them to perform different operations in Venezuela, such as exporting PDVSA oil, despite the sanctions.
Sargeant’s global oil terminals must also finish their financial transactions with PDVSA before April 2 and pay any pending debt for the purchase of asphalt oil. The Wall Street Journal reported Friday night that Sargeant’s oil marketing company was ordered to leave Venezuela, citing a treasure letter.
The Trump administration recently gave Chevron a term until May 27 to conclude its operations with Venezuela as a way of pressing the autocratic regime of Maduro to make democratic reforms and accept the return of more Venezuelans who had migrated to the United States.
Sargeant had initially obtained a two -year exemption in May last year, Lor that allowed Global Oil Terminals Buy and transport asphalt to the US and the Caribbean.
The United States Department of the Treasury refused to comment, and the White House, the National Security Council and the State Department They did not respond immediately to the requests for comments.
