Welcome to the new version of European Tribune. It's just a new layout, so everything should work as before - please report bugs here.
Display:
U.S. Sanctions Against Venezuela :: Gatestone Institute

In May, the U.S. State Department imposed sanctions on Venezuela's state oil company Petroleos de Venezuela (PDVSA) for trading with Iran. The press release states that between December 2010 and March 2011 the PDVSA delivered to Iran at least two cargoes of reformate (i.e. a blending component that improves the quality of gasoline), worth approximately $50 million.

The sanctions prohibit PDVSA from competing for U.S. government procurement contracts, from securing financing from the Export-Import Bank of the United States, and from obtaining U.S. export licenses. However, the sanctions do not apply to PDVSA subsidiaries and do not prohibit the export of crude oil to the United States.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Wed May 2nd, 2012 at 07:26:49 PM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Top Diaries

2034

by Frank Schnittger - Sep 10
5 comments

Labour grows up?

by Frank Schnittger - Aug 27
57 comments

Recent Diaries

Faux Accompli

by Cat - Sep 14
5 comments

2034

by Frank Schnittger - Sep 10
5 comments

The Focus Group

by THE Twank - Aug 31
10 comments

Labour grows up?

by Frank Schnittger - Aug 27
57 comments

Exhibit 1

by Cat - Aug 22
22 comments

EU Position Papers

by Cat - Aug 22
24 comments

PACER

by Cat - Aug 18
5 comments

More Diaries...

Occasional Series