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Vitol to Ship First U.S. Naphtha Cargo to Venezuela

1/11/2026

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Story summary
  • Vitol, the commodities trader, plans to load its first naphtha cargo from the U.S. Gulf Coast to Venezuela this weekend under a supply agreement with the U.S. government.
  • The naphtha will serve as a diluent to thin Venezuela's crude oil, facilitating its movement and processing.
  • The vessel Hellespont Protector has been chartered for this delivery.
  • Vitol has not commented on the matter.