The US has authorized the supply of liquefied petroleum gas to Venezuela

It is mainly used in OPEC countries as a fuel for cooking.

The US Treasury Department has authorized the export and re-export of liquefied petroleum gas (LPG) to Venezuela until July 8, 2022, which was not prohibited by the executive orders of former President Trump in 2018 and 2019. This was reported by the Reuters news agency.

The Office of Foreign Assets Control, which is part of the Treasury, has issued a license allowing gas supplies in operations involving the government of Venezuela, the state energy company Petroleos de Venezuela (PDVSA) or any organization in which PDVSA owns 50%. According to OFAC, the license does not allow any in-kind payments for oil or petroleum products.

Many people in Venezuela use CIS for cooking, but it has become scarce as the country’s economy has collapsed. US sanctions against PDVSA have led to a reduction in investment in its oil refining network, as a result of which more people are burning wood.

An increase in wood burning can cause breathing problems due to smoke, increase the temperature in cities and cause environmental problems.

The Biden administration has maintained Trump-era sanctions on PDVSA to put pressure on Venezuelan President Nicolas Maduro, whom Washington accuses of violating human rights and rigging his re-election in 2018.

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Author: Ivan Maltsev
The study of political and social problems of different countries of the world. Analysis of large companies on the world market. Observing world leaders in the political arena.
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Ivan Maltsev

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