MIAMI (AP) — A company with an office in Houston and another owned by two American citizens appear to be helping Venezuela bypass U.S. sanctions and quietly transport millions in petroleum products aboard an Iranian-built tanker, The Associated Press has learned.
The sanctions evasion effort is centered around an idled refinery and adjacent oil terminal on the Dutch Caribbean island of Curacao that until 2019 was a major shipping hub for Venezuela’s state-owned oil company, PDVSA.
On Sept. 28, the Togo-flagged tanker Colon discharged 600,000 barrels of fuel oil at the Bullenbaai terminal, which is operated by Curacao’s state-owned refining company in partnership with a fledgling company, Caribbean Petroleum Refinery, owned by two Venezuelan American dual nationals.