Venezuela’s interim president, Delcy Rodriguez, on Wednesday met executives from Repsol and French company Maurel Prom in Caracas, following the approval of a sweeping reform of the country’s main oil law last month.
The reform gave six months to the government and joint-venture partners of state company PDVSA to negotiate and update the terms of their partnerships.
Repsol and Trafigura declined to comment. One of two cargoes of Merey heavy crude for Repsol, on board Suezmax tankers, departed in early February from the Jose port, operated by PDVSA.
The second one is about to finish loading this week, the schedule showed.
(Reporting by Marianna Parraga in Houston and Pietro Lombardi in Madrid; Additional reporting by Reuters staff; Editing by Julia Symmes Cobb and Matthew Lewis)
