Andrew Sage
👤 SpeakerAppearances Over Time
Podcast Appearances
So Robert read The Truth.
That's something someone says in church, doesn't it?
So they're talking about like blockading sanctioned oil tankers, not necessarily every tanker that enters Venezuela is sanctioned.
Like I believe Chevron has some contracts.
Chevron tankers should be cruising.
Yeah, there's a lot of Chevron.
Yeah, that shouldn't be an issue, right?
They should be able to go back and forth.
They're not sanctioned.
It's the Venezuelan State Oil Company, which in English, I guess you would say PDVSA.
PDVSA, is that how they say it in English?
What Venezuela has done previously, and this is not by any means unique to Venezuela, but this is generally how many of these regimes that are kind of in the ambit of Venezuela, I'm talking about Iran and Russia here, have avoided sanctions and sanctioned entities so far is by using what are called ghost ships.
I will link to an explainer on this.
What they will do is use the names and identifiers of vessels that have been scrapped.
They will change the flags of vessels, often to these small island nations for whom allowing ships to use their flag is kind of a source of income, right?