HomeEconomyOilGlobal Oil Terminals will buy asphalt from PDVSA

Global Oil Terminals will buy asphalt from PDVSA

The magnate and owner of the company, Harry Sargeant III, reported that he achieved a relaxation of sanctions from Washington

The company Global Oil Terminals, located in Texas, United States, will continue working hand in hand with Petróleos de Venezuela (Pdvsa), in order to develop its contract to import six shipments of asphalt of 95.000 barrels to carry out infrastructure projects in the North American country. .

The magnate and owner of the company, Harry Sargeant III, reported in an interview with the Bloomberg news agency that he achieved a relaxation of sanctions from Washington to be able to carry out these agreements.

He explained that said flexibility, granted on May 24, will allow him to continue purchasing and transporting asphalt from Venezuela despite the coercive measures that are applied.
illegally since 2015.

The North American company joins other European companies that, despite the intensification of sanctions in the month of April on the oil and gas sector, have managed to obtain flexibility to continue their operations in the country.

The Minister of Petroleum, Pedro Tellechea, announced that there are more than 20 transnational companies seeking to continue operating in the country.

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