Iran completes second fuel delivery mission to Venezuela

The third and final vessel from a fuel-laden Iranian flotilla has entered Venezuela’s waters, completing a second such mission in less than a year. Five Iranian vessels had carried out the previous fuel delivery mission between May and June.

4 October 2020
ID : 22595
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The third and final vessel from a fuel-laden Iranian flotilla has entered Venezuela’s waters, completing a second such mission in less than a year in defiance of American sanctions targeting both nations.

Faxon was directly north of Venezuela’s northeastern Sucre state as of 9:37 a.m. local time (1:37 p.m. GMT) on Saturday, according to data from vessel tracking service Refinitiv Eikon.

The vessel is carrying the remaining 234,000 barrels of fuel from the 820,000 that the fleet has been tasked with taking to Venezuela. Faxon is sailing in the wake of Forest and Fortune that respectively docked at the Latin American country’s coast on Tuesday and Friday.

FAXON is the third of three known/identified Iranian Handymax tankers carrying gasoline to Venezuela

Five Iranian vessels had carried out the previous fuel delivery mission between May and June. The former flotilla also delivered the equipment that the Latin American country needed to shore up its gasoline industry, which has been hit hard by the American bans.

Foreign Minister Mohammad Javad Zarif held talks over the phone with his Venezuelan counterpart Jorge Arreaza, in which the Venezuelan official said his country’s “historic” relations with Iran were at their best possible juncture.

The US has imposed sanctions on state oil company Petroleos de Venezuela (PDVSA) as part of its push to oust President Nicolas Maduro, creating gasoline shortages in the once-prosperous OPEC nation.

Iran’s oil industry is also under US sanctions.

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