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Venezuela offsets US sanctions via ship-to-ship network off Malta

With oil exports dwindling and gasoline in short supply off the back of US sanctions, the South American country has set up a network of ship-to-ship transfers off the coast of Malta to receive supplies of refined products

Lloyd’s List Intelligence data shows that at least 10 chemical or product tankers have undertaken ship-to-ship transfers off the coast of Malta since June 10 as the country seeks to import refined products

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