
HOUSTON/MADRID, Feb 5 (Reuters) - About 2 million barrels of Venezuelan heavy crude are being sent to refineries owned by oil producer Repsol REP.MC in Spain, following purchases the company negotiated with trading house Trafigura, according to shipping schedules seen by Reuters.
Trafigura and Vitol were granted U.S. licenses last month to export millions of barrels of Venezuelan oil to the U.S. and other destinations. The companies have since been storing the oil in Caribbean terminals and marketing cargoes to refiners in the U.S. and Europe.
Repsol declined to comment. Trafigura did not reply to a request for comment on Venezuela-related sales.
Spain had not imported Venezuelan crude since the first quarter of last year before U.S. President Donald Trump revoked all authorizations for foreign companies to receive and carry oil from the U.S.-sanctioned country.
One of two cargoes of Merey heavy crude for Repsol, on board Suezmax tankers, departed in early February from the Jose port, operated by state company PDVSA. The second one is about to finish loading this week, the schedule showed.