US Sanctions Greek, Liberian Companies Over Venezuelan Oil Transfers To Cuba – Treasury

WASHINGTON (UrduPoint News / Sputnik – 06th April, 2019) The United States has introduced sanctions against one Liberian and one Greek company and a ship they used to allegedly transport crude oil from Venezuela to Cuba, the US Treasury Department announced in a press release on Friday.

“Today’s action sheds light on the lifeline that Venezuela‘s oil industry provides to the illegitimate regime of former President Maduro, targeting two companies that operate in the oil sector of the Venezuelan economy, delivering oilto Cuba on the vessel, Despina Andrianna,” the Treasury said.

The Treasury said it sanctioned the crude tanker, along with the vessel’s owner Ballito Bay Shipping Incorporated,� based in Monrovia, Liberia, and its operator ProPer In Management Incorporated, based in the port city of Piraeus, Athens, Greece.

The United States took the sanctions actions after the Despina Andrianna delivered crude fromVenezuela to Cuba during February and March of 2019, the Treasury said.

https://www.urdupoint.com/en/business/us-sanctions-greek-liberian-companies-over-v-587250.html