Venezuela Assumes OPEC Presidency, Unveils Foreign Oil Investment Deals

https://venezuelanalysis.com/news/14213

Little is known of EREPLA or its board of directors, with Reuters claiming that Harry Sargeant III, magnate and ex-Financial Chairman of the US Republican Party, is one of their owners. The small company, which was only legally registered in the US on November 8, 2018, a mere day before signing the PDVSA deal, has managed to extract a contract from PDVSA which revives a number of practices, previously eliminated in the Chavez-era, of oil so-called service contracts. PDVSA is yet to make any official comment on the deal, and analysts have already expressed concern that the deal violates Venezuela's 2001 Hydrocarbons Law.

Harry Sargeant III, magnate and ex-Financial Chairman of the US Republican Party, is one of their owners. The small company, which was only legally registered in the US on November 8, 2018,

Department of Defense pays IOTC $40 Million for Iraq War Fuel …

https://www.prnewswire.com/…/department-of-defense-pays-iotc-40-million-for-iraq-…

May 3, 2018 - IOTC and Harry Sargeant III Remain in Good Standing with the Department of Defense and the US Government as Federal Contractors.

Government Gives Another Oil Well to Son of Shady Investor - Exit.al

https://exit.al/en/2017/…/government-gives-another-oil-well-to-son-of-shady-investor/

Dec 11, 2017 - The Board of Directors of Pennine Petroleum includes a director called Harry Sargeant IV, the son of Harry Sargeant III. Like his father …

Harry Sargeant III (born December 30, 1957) is a billionaire diversified energy and shipping magnate from Florida. A former officer and fighter pilot in the United States Marine Corps, Sargeant operates an expansive, multibillion-dollar conglomerate of private global enterprises consisting of aviation companies, oil refineries, oil trading operations, alternative fuels development, and oil and asphalt shipping, his fathers company, Sargeant Trading, being the largest fleet of asphalt tankers and barges in the world. He is also the owner of International Oil Trading Company (IOTC), a company that supplies aviation fuel to the U.S. Military in Iraq, and grosses billions of dollars annually.[2][3][4