BREAKING NEWS

Syria ships naphtha to Venezuela, which sent diesel

By REUTERS

MAY 24, 2012 14:34

LONDON - A Venezuelan oil tanker is returning to Venezuela from Syria with a cargo of naphtha, shipping records showed on Thursday, after delivering badly needed diesel early this week as Western sanctions, causing severe shortages, hurt Syria's economy.

The tanker loaded a cargo of naphtha, a refined petroleum product that can be used to make petrol, from the Syrian port of Banias. Satellite tracking data shows the vessel is due to reach Amuay in Venezuela on June 12.

The Negra Hipolita is the third vessel to deliver diesel to Syria from Venezuela, while a fourth shipment is being prepared, Syria's state news agency said on Wednesday.

Venezuela angered Washington last year by supplying fuel to Iran, which is also subject to Western sanctions on fuel supplies.

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