BAKU, Azerbaijan, January 7. The United States
government has begun marketing Venezuelan crude oil in the global
marketplace for the benefit of the United States, Venezuela, and
American allies, the U.S. Department of Energy says, Trend reports.
The Department emphasized that all proceeds from the sale of
Venezuelan crude oil and oil products will first settle in U.S.
controlled accounts at globally recognized banks to guarantee the
legitimacy and integrity of the ultimate distribution of
proceeds.
"These funds will be disbursed for the benefit of the American
people and the Venezuelan people at the discretion of the U.S.
government. These oil sales begin immediately with the anticipated
sale of approximately 30-50 million barrels. They will continue
indefinitely," the Department noted.
