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Friday, 3 April 2020

AP Sources: Shipping tycoon helps Venezuela in quest for gas

AP Sources: Shipping tycoon helps Venezuela in quest for gasWith gas lines across Venezuela growing, a controversial shipping magnate has stepped in to prevent the country from running out of fuel amid the coronavirus pandemic, The Associated Press has learned. The fuel shortage, in the nation that sits atop the world largest crude reserves, is the latest threat to Nicolas Maduro's rule at a time he is under intense U.S. pressure to resign. Wilmer Ruperti’s Maroil Trading Inc. billed state-owned oil monopoly PDVSA 12 million euros last month for the purchase of up to 250,000 barrels of 95-octane gasoline, according to a copy of the invoice obtained by AP.




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