Venezuelan oil tanker undergoing repairs in Cuba.
Image Credit: maritime-connector.com
A Venezuelan oil tanker has been found to be docked in Cuba for repairs, after it suffered a fire while it was discharging last week.
The Panama-flagged oil tanker, Teseo, is owned by the company Petroleos de Venezuela, and had set sail from Venezuela’s Cardon port with around 500,000 barrels of crude oil on October 20. The oil was destined for Cuba’s Felton port, according to Refinitiv Eukon shipping data and an internal PDVSA document.
The fire seem to have started in the engine room, and was due to a lack of proper maintenance. The fire was quickly extinguished, and no injuries were reported.
Venezuela uses several oil tankers like Teseo to sell oil to countries like Cuba and Iran, under the constant threat of being captured by the US military. Venezuela has been sanctioned by the United States, and banned it from being able to sell its oil to other countries. Recently, United States sold 1.1 million barrels of oil for $40 million. The oil was captured from four Iranian oil tankers that were heading to Venezuela. Iran, like Venezuela is also heavily sanctioned by the United States which includes oil exports. More about this in the following link:
The United States is trying to block all imports and exports of oil to and from Venezuela, in an attempt to force President Maduro to leave his position, to elect a democratic leader, in a country suffering from high levels of poverty due to its inflation, which has devalued its currency, the bolivar, so much that you need a bag of money to purchase bread in Venezuela.
Venezuela is also having frequent power cuts, due to years of under-investment in its power-grids, which are powered by large hydroelectric dams.