U.S. warns energy cos like Rosneft, Chevron over ties to Venezuela's Maduro
FEBRUARY 5, 2020 / 11:45 AM / UPDATED 7 HOURS AGO
Alexandra Alper, Steve Holland, Marianna Parraga
4 MIN READ
WASHINGTON (Reuters) - The Trump administration is ramping up pressure against Venezuelan President Nicolas Maduro’s government, and energy companies with ties to it, from Russia’s Rosneft (ROSN.MM) to U.S.-based Chevron Corp (CVX.N), should “tread cautiously,” a senior administration official said on Wednesday.
The comments came in response to a question about possible sanctions against Rosneft on a call with reporters ahead of a White House meeting between Venezuelan opposition leader Juan Guaido and U.S. President Donald Trump.
“Everything is an option as regards creating pressure, whether it’s towards Russian entities that are supporting Maduro or others. So, absolutely, that ... remains on the table,” the official said, emphasizing that the administration was “concerned” by more than just Rosneft’s behavior.
“Whether it’s Rosneft, whether it’s Reliance, whether it’s Repsol, whether it’s Chevron here in the United States, I would tread cautiously towards their activities in Venezuela that are in support, directly or indirectly, of the Maduro dictatorship because ... we’re halfway through our maximum pressure campaign,” he added.
More:
https://www.reuters.com/article/us-venezuela-politics-usa-warning/u-s-warns-energy-cos-like-rosneft-chevron-over-ties-to-venezuelas-maduro-idUSKBN1ZZ2KP?rpc=401&
