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EXCLUSIVE-Vitol to load first diluent cargo under Venezuela supply deal this weekend, sources say

ReutersJan 10, 2026 5:51 PM

By Shariq Khan and Marianna Parraga

- Commodities trader Vitol is expected to load the first cargo of naphtha from the U.S. Gulf Coast to Venezuela this weekend under a supply agreement with the U.S. government, two sources familiar with the matter told Reuters on Saturday.

The trading firm has chartered the vessel Hellespont Protector to deliver the naphtha, used as a diluent to thin Venezuela's crude oil and make it easier to move and process, the sources said.

The sources requested anonymity to discuss confidential details. Vitol did not immediately respond to a request for comment.

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