U.S. Treasury sets regulatory framework for Venezuelan oil operations

Government

Feb. 11 (UPI) -- The U.S. Treasury Department approved a new framework for Venezuela's energy sector through three general licenses that allow oil trade, supply of goods and services for the hydrocarbons industry, and operations needed at the country's ports and airports. The licenses permit routine transactions required to lift, transport, sell, store, refine or market Venezuelan oil, including activities involving the Venezuelan government, state oil company Petroleos de Venezuela SA, known

Tag-uri: Petrol

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