The Us Is Expected to Lift Sanctions Against Venezuela's Oil Sector Soon, Sources Say.
4 Articles
4 Articles
If confirmed, the measure will be a change from the original plan, which envisioned granting individual exemptions to companies interested in doing business in the country.
The US administration is considering removing individual exemptions for doing business in the Venezuelan oil sector and introducing a general license. This is expected to be a fundamental change in Washington's energy policy and strengthen oil supplies from Venezuela.
U.S. officials are working to issue soon a general license that would lift some sanctions on Venezuela’s energy sector, three sources familiar with the preparation said Tuesday, a change from an earlier plan to grant individual exemptions to sanctions for companies seeking to do business in the country. After the capture of the [...] Entry Reuters: The U.S. will lift some sanctions on Venezuela’s oil soon was first published in Information Focus.
U.S. officials are working to issue soon a general license that would lift some sanctions for Venezuela's energy sector, three sources familiar with the preparations reported on Tuesday, January 27.This means a change from the previous plan to grant individual exemptions to sanctions for companies wishing to do business in the country.
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