The United States has set a deadline for buying Venezuelan crude from foreign companies



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The Non-US companies that buy oil in Venezuela through the national financial system or agents in the country have until April 28 to end his purchases, announced today the Treasury Department.

The measure specifies the terms of the sanctions imposed on the government of the president Nicolás Maduro this Monday.

For their part, citizens working for non-US companies outside the country and in Venezuela have until March 29 to "perform certain maintenance or removal operations".

The Treasury note comes after the sanctions imposed on the Venezuelan national oil company, PDVSA, by Washington, which implies a de facto embargo on oil exports to the country.

As a result of the sanctions, revenues from Venezuelan crude sales to the country will be confiscated, which will be set aside for a trust managed by Juan Guaidó, Venezuela's self-proclaimed interim president, which Washington has recognized as the country's legitimate president.

"The designation of PDVSA will help prevent Venezuela's future diversions of badets from Maduro and preserve those badets for the Venezuelan people." The suspension of these sanctions against PDVSA involves the rapid transfer of control to the acting president or a subsequent government. , elected democratically, "said Treasury Secretary Steven Mnuchin, announcing these measures.

Most of the world's oil trade is in dollars so that the country's authorities can closely monitor international oil trade.

Venezuela's dependence on oil is dramatic: about 90% of its revenues come from the export of crude oil.

The United States is the destination of 40% of Venezuela's oil exports, which are around 1.2 million barrels a day.

Of the total Venezuelan exports, 450,000 are destined for the country, 300,000 for India and 240,000 for China.

The sanctions affect $ 7,000 million worth of PDVSA badets, said National Security Advisor John Bolton, who predicted that these measures would result in an additional $ 11,000 million loss to the oil company during next year.

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