Left Menu
Development News Edition

Venezuela's military to escort Iranian fuel tankers -defense minister

Reuters | Caracas | Updated: 21-05-2020 03:18 IST | Created: 21-05-2020 03:05 IST
Venezuela's military to escort Iranian fuel tankers -defense minister

Venezuela's military will escort Iranian tankers bringing fuel to the gasoline-starved country as soon as they enter its exclusive economic zone, Defense Minister Vladimir Padrino said on Wednesday.

His comments came after Venezuelan opposition leader Juan Guaido said the shipment should "alarm" Latin America. Both OPEC members are U.S. adversaries whose oil industries are under U.S. sanctions. Trump administration officials say Washington is considering a response to the shipment. The tankers - Fortune, Forest, Petunia, Faxon, and Clavel - are carrying around 1.5 million barrels of fuel, and passed the Suez Canal in the first two weeks of May, Refinitiv Eikon data show. They are expected to arrive in Venezuela between late May and early June.

"When they enter our exclusive economic zone, they will be escorted by Bolivarian National Armed Forces boats and planes to welcome them in and thank the Iranian people for their solidarity and cooperation," Padrino said on state television, adding that the government was in touch with Iran's defense minister. Guaido said the fact President Nicolas Maduro's socialist government is importing fuel shows its mismanagement of the country's oil industry. Venezuela's refining network has 1.3 million barrels per day (bpd) of capacity, but has collapsed after years of underinvestment.

"We are very concerned for the safety of Venezuelans, and of Latin America as well, due to this attempted Iranian presence on Venezuelan soil," said Guaido, who leads the opposition-held National Assembly and is recognized as the rightful president by dozens of countries, including the United States. Maduro calls Guaido a U.S. puppet seeking to oust him in a coup, and blames U.S. sanctions for Venezuela's economic woes.

Guaido said his team believed Venezuelan officials paid Iran with "blood gold" from informal mines in Venezuela's southern jungles, which have fueled massacres as gangs battle for territory.


TRENDING

OPINION / BLOG / INTERVIEW

Why COVID-19 is unstoppable in USA despite it being ranked at the top of GHS Index?

Several worst-hit countries such as Italy, France, Spain, the UK, Canada, and Russia have peaked COVID-19 cases in April. Almost all of them have gradually flattened the curve. However, the USA is setting new daily records of infections tha...

COVID-19 seems cooking biggest ever global scam

The increasing number of corruption cases on COVID-19 funds from throughout the world and involvement of high profile persons indicate that the countries cant ignore corruption in their pandemic response programs. This has generated the nee...

Health Management Information Systems lack holistic, integrated, and pandemic resilient character

Being a part of the United Nations system, the World Health Organization WHO deserves its share of rebuke for its alleged failure issue COVID-19 health emergency alerts on appropriate time. However, the pandemic has also exposed loopholes i...

Pride in the time of coronavirus: a welcome move online?

This year is different in many ways not least as celebrations are also taking place against the dramatic backdrop of a global health crisis and a resurgence in grassroots activism following the death of George Floyd in Minneapolis. ...

Videos

Latest News

Poland's incumbent Duda wins presidential election - majority results

Polands incumbent Andrzej Duda has won the presidential election, results from over 99 of polling stations show, with remaining uncounted votes unlikely to sway the final outcome, the National Electoral Commission said on Monday.Duda, an al...

UK fashion label Quiz suspends supplier over wage allegations

British fashion retailer Quiz said on Monday it had suspended activity with a supplier following a media report that the supplier was not meeting legal minimum wage requirements at one of its factories in the English city of Leicester. Afte...

We appeal to all party MLAs to attend today's meeting, differences can be sorted out: Congress leader Randeep Surjewal.

We appeal to all party MLAs to attend todays meeting, differences can be sorted out Congress leader Randeep Surjewal....

BSE Ebix beta launches life Insurance on its platform

BSE Ebix Insurance Broking, a joint venture of BSE and Ebix Fincorp Exchange, on Monday announced the beta launch of life insurance on its platform by enrolling Aditya Birla Sun Life Insurance and Bajaj Allianz Life Insurance. With this...

Give Feedback