CORRECT: Iran Sends Ship to Load Venezuela Oil Amid Sanctions

(Corrects story originally published Dec. 13 to say in the third bullet that the Ndros had been previously broken up and that the owner of the Ndros is listed as unknown.)

A crude tanker booked by the National Iranian Oil Company arrived at the Venezuelan coast and is expected to load crude as ties between the two countries sanctioned by the U.S. get deeper, according to document seen by Bloomberg News.

  • Ship is scheduled to load 1.9m bbl of Merey 16 at Venezuela’s government-controlled port of Jose
    • NIOC listed as client, PDVSA as shipper, according to internal documents
  • Vessel is identified as Ndros, according to internal documents
  • Ndros was previously broken up, according to data compiled by Bloomberg
    • Owner of the ship Ndros that was previously broken up is listed as unknown, according to data compiled by Bloomberg
  • Vessel identifying itself to be Ndros turned off transponder Friday, while sitting off port of Jose
  • 2nd time NIOC charters vessel to load Venezuelan oil, according to data compiled by Bloomberg; in September, the Iran-flagged ship Horse was the first to load Venezuelan crude for the NIOC
  • Iran’s oil ministry declined to comment on the matter
  • PDVSA didn’t immediately return message seeking comment
  • NOTE: Tehran has been supplying gasoline, food for Venezuela while Caracas has supplied gold as payment for the assistance
  • Related: Biggest Iranian Flotilla Yet En Route to Venezuela With Fuel

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