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US winds down exports of LPG to Venezuela, Treasury says
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US winds down exports of LPG to Venezuela, Treasury says
Jul 7, 2025 2:39 PM

WASHINGTON, July 7 (Reuters) - The Trump administration

on Monday wound down a license allowing shipments of liquefied

petroleum gas (LPG) to Venezuela's state energy company

Petroleos de Venezuela SA (PDVSA), the U.S. Treasury Department

said on Monday.

Offloading of LPG is allowed until September 5, provided

that the gas was loaded on a vessel on or before July 7, it

said.

Venezuela has not used the license to buy the shipments

of LPG, originally issued in 2021, market sources said. LPG is

mainly used as a cooking fuel in the country, a member of OPEC.

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