By Maya Lester KC & Michael O’Kane

US designates 2 entities and 2 vessels in Venezuelan oil sector

OFAC’s 4 designations last week (10 May 2019) target two companies that operate in the oil sector of the Venezuelan economy and have moved oil to Cuba. The sanctions constitute “a direct response to SEBIN’s illegal arrest of National Assembly members”. Monsoon Navigation Corporation and its vessel Ocean Elegance, and Serenity Maritime Limited and its vessel Leon Dias have been...

This content is for subscribers only

To continue reading please login or subscribe.

VenezuelaVenezuela United StatesUnited States

About Michael O'Kane

For all site-related issues, including subscription and payment issues, please contact info@europeansanctions.com.
Michael is Senior Partner at Peters & Peters LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters LLP...

See profile for Michael O'Kane >

Share this page on: