Iran Uses Disguised Tanker To Export Venezuelan Oil In 'Gold-For-Food' Barter | WHAT REALLY HAPPENED X-Frame-Options: SAMEORIGIN

Iran Uses Disguised Tanker To Export Venezuelan Oil In 'Gold-For-Food' Barter

A tanker chartered by the National Iranian Oil Company (NIOC) has been loading Venezuelan crude for export, documents from state-run PDVSA show according to Reuters, providing evidence of the two countries’ latest tactics to expand their trade in defiance of U.S. sanctions. Venezuela and Iran have deepened their cooperation this year as Venezuela has exchanged gold and other commodities for Iranian food, condensate and fuel.

According to the reports, names of scrapped vessels are being used by several PDVSA customers, including NIOC, to disguise the routes and identities of the tankers they use. A very large crude carrier (VLCC), identified in PDVSA’s loading documents as the Ndros, arrived at Venezuela’s main oil port of Jose last week to load 1.9 million barrels of heavy Merey 16 crude bound for Asia, the documents showed.

However, vessel-monitoring service TankerTrackers.com used satellite photos to show the Ndros was scrapped in 2018, confirming reports on international shipping databases.

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