Anonymous ID: d614d7 Aug. 4, 2022, 2:47 p.m. No.17038789   🗄️.is 🔗kun   >>8825 >>8826 >>8913 >>9043 >>9082 >>9112 >>9382

>>17038745

CHEVON CONSIDERATION

Chevron's request to the U.S. Treasury to expand its operations in Venezuela came as the State Department issued the no-objection letters to Eni and Repsol. The person familiar with the matter in Washington declined to say whether Chevron's request remained under consideration.

The U.S. oil major did receive a six-month continuation of a license that preserves its assets and U.S. approval to talk with Venezuelan government officials about future operations.

It was not immediately clear if Washington had okayed the prior crude-for-fuel swaps European companies conducted with PDVSA until 2020, exchanges that provided relief to gasoline-thirsty Venezuela.

China has become the largest customer for Venezuelan oil, with as much as 70% of monthly shipments destined for its refiners.