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Sanctions on Chevron exports from Venezuela put tanker operators on alert

Tanker operators are being advised to steer clear of lifting Chevron-related cargoes out of Venezuela, following the latest twist in Office of Foreign Assets Control sanctions against the government of Nicolas Maduro

‘Venezuelan-origin petroleum and petroleum products may become a direct focus of the US’s sanctions policy. As such, any voyages involving the carriage of such may present sanction risks,’ says Freehill Hogan & Mahar

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