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Reading: A Venezuelan oil tanker departs for a US port in Louisiana as part of a 50 million barrel supply deal
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NewsWorld

A Venezuelan oil tanker departs for a US port in Louisiana as part of a 50 million barrel supply deal

An important step in boosting Venezuelan exports

محمد يسري
Last updated: 26/01/2026 2:48 am
Mohammed Yossry
محمد يسري
ByMohammed Yossry
News Editor
Mohammed Yousry, editor at Voice of Emirates News Agency, Cairo office, is a journalist and researcher specializing in Islamic heritage and extremist groups.
- News Editor
5 months ago
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A Venezuelan oil tanker departs for a US port in Louisiana as part of a 50 million barrel supply deal
A Venezuelan oil tanker departs for a US port in Louisiana as part of a 50 million barrel supply deal (Photo/Voice of Emirates)
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Highlights
  • Venezuelan oil exports
  • A blockade was imposed

Caracas, Venezuela – A Venezuelan oil tanker belonging to Trafigura departed the port of Jose, bound for the US port of Louisiana.

This marks the first direct shipment to the United States under a 50 million barrel oil supply deal signed

this month between Caracas and Washington, according to data released by the London Stock Exchange Group.

The data indicated that the tanker, the Gloria Maris, flying the Liberian flag,

is carrying approximately one million barrels of Venezuelan heavy crude .

Venezuelan oil exports

This is the first shipment sent directly from Venezuela to the United States since the agreement was signed.

This development follows Vitol and Trafigura receiving the first two US licenses to load and export Venezuelan oil under the deal,

after previous shipments were transported to storage terminals in the Caribbean for redistribution globally.

The data also indicated that a smaller tanker, the Volance, flying the Barbados flag, departed from the port

of Jose carrying approximately 450,000 barrels of crude oil to a terminal in Curaçao, as part of the same deal.

The documents revealed that the two companies have so far shipped between 10 and 11 million barrels

of Venezuelan oil and are preparing to begin exporting fuel oil soon.

A blockade was imposed

These moves come as Venezuela prepares to lift the production cuts

that have been in place since the United States imposed

a blockade on oil tankers subject to sanctions, including more than 40 million barrels

that have been stored since last month.

These shipments represent a significant step in boosting Venezuelan exports to the US market

after years of restrictions and signal a revitalization of trade cooperation between Caracas and Washington in the vital oil sector.

TAGGED:50 million barrelA Venezuelan oil tankeroilUS port in Louisianavital oil sectorVoice Of EmiratesVoice Of Emirates Website News
SOURCES:Voice of Emirates
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