Maduro says Venezuela ready to receive humanitarian aid

Elias Hubbard
April 10, 2019

This time the sanctions targeted 34 tankers owned or operated by PDVSA along with another vessel and two companies involved in shipments of Venezuelan oil to Cuba.

He has since been recognized by more than 50 countries, including the United States, which wants Nicolas Maduro to step down.

Moreover, a senior official from the administration of US President Donald Trump said the latest round of sanctions was introduced at the request of the Venezuelan opposition-led National Assembly.

Venezuelan President Nicolas Maduro has said his country was ready to receive worldwide aid following a meeting with the Red Cross chief, as the Latin American nation plunged into a new round of blackouts. On 28 January, the United States announced the imposition of sanctions on Venezuela's PDVSA, blocking the company's assets worth $7 billion remaining under the USA jurisdiction.

Washington is calling the oil deal between Venezuela and Cuba "oil for oppression".

The Venezuelan crisis has already forced Cuba to adjust its energy sources, and the country increased its imports from Russian Federation and also past year signed a contract for more oil product deliveries from Algeria, another long-term partner.

Venezuela has been plunged into a deep political crisis, with opposition leader Juan Guaido proclaiming himself acting president in January.

Friday's measure came after broader sanctions Washington had slapped on PDVSA in January as part of its bid to oust Maduro.

Maduro has accused the United States of trying to orchestrate a coup in order to install Guaido as a U.S. puppet.

The most recent fuel shipment to Cuba left Venezuela's Jose port on April 4, carrying liquefied petroleum gas, according to Refinitiv Eikon data.

The only tanker sanctioned on Friday, the Despina Andrianna, is now returning to Jose after unloading crude at Cuba's Cienfuegos refinery in March.

Other reports by Click Lancashire

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