By Joshua Goodman | Associated Press
The state-owned company issued a news release celebrating the Colon’s arrival as a “historic moment” — saying it was the first delivery for the reactivated terminal, which is capable of storing up to 7 million barrels of oil products. But until now, many of those transactions involved deeply discounted payments in cryptocurrencies by Russian oligarchs, shell companies in such places as Hong Kong and “ghost tankers” that turn off their mandatory transponders to avoid detection by U.S. authorities.
“They’re flouting the sanctions because they know under this administration there are no consequences,” said Billingslea. Caribbean Petroleum Refinery was registered in Curacao only in June and lists among its directors a Venezuelan American businessman, Raul Herrera. A related holding company bearing a similar name lists as its director Luis Giusti, another dual national who was CEO of PDVSA when Maduro’s predecessor, Hugo Chavez, was elected in 1998.
Im gunna go with “yes” if they are oil and gas related.