A pipeline explosion at a natural gas complex operated by Petroleos de Venezuela in the country's Eastern Monagas state has left at least three people injured
A pipeline explosion at a natural gas complex operated by Petroleos de Venezuela PdVSA in the country's Eastern Monagas state has left at least three people injured, Reuters has reported. The explosion comes just a month after more than 20 people were left with burns after a large fire at a crude storage tank in the country's Western region, highlighting the vulnerabilities of the country’s crumbling energy infrastructure after years of sanctions.
eased some sanctions on Venezuela but retained sanctions on PdVSA. issued a new license allowing certain transactions related to the export or re-export of liquefied petroleum gas LPG to Venezuela until July 8, 2025. However, transactions with the state-owned oil and natural gas company in which PdVSA has a 50 percent or greater interest, remain prohibited under the sanctions imposed by various executive orders. Trump is expected to be tougher on Venezuela and Iran. Iran’s oil exports have seen a strong rebound under the Biden administration with the U.S.
Pipeline Explosion PDVSA Energy Gas
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