Business

Venezuela jails officials for giving US oil data

Officials said to have leaked sensitive, confidential information, which resulted in US sanctions

Updated 5 years ago · Published on 06 Feb 2021 9:12PM

Venezuela jails officials for giving US oil data
Venezuela’s oil production closed 2020 at just over 400,000 barrels per day, the lowest in decades, a fall which experts attribute to corruption and mismanagement in the country’s main industry. – Facebook pic, February 6, 2021

CARACAS – Venezuela jailed two officials from the state oil company PDVSA for five years for providing the United States with “strategic and sensitive” details of its sanctions-hit oil operations, prosecutors said yesterday.

Alfredo Chirinos, the company’s special operations chief, and Aryenis Torrealba, PDVSA’s general manager of crude operations, were arrested last year.

They “were sentenced to five years in prison for the crime of disclosing, reserving or supplying information,” said a statement signed by the attorney general, Tarek William Saab. 

The court relied on witness testimony and “documentary” evidence. 

According to the ruling, both former executives handled information on fuel oil inventories and the “refining system, as well as the routes of ships that traded with PDVSA.” 

“These officials leaked sensitive and confidential information from the oil industry, which resulted in the imposition of sanctions by the US government, which have caused significant financial damage to the industry by limiting the marketing of its products internationally,” the text said. 

Washington has already imposed multiple sanctions aimed at toppling the regime of President Nicolas Maduro, particularly by cutting his vital government’s oil revenue.

The sanctions include a ban on US citizens and companies from dealing in Venezuelan crude oil, effective from April 2019. 

Venezuela’s oil production closed 2020 at just over 400,000 barrels per day, the lowest in decades, a fall which experts attribute to years of corruption and mismanagement in the country’s main industry. – AFP, February 6, 2021 

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