Oil magnate Sargeant-backed firm loads 1 million barrels for China, Bloomberg News reports

March 9 (Reuters) - A company backed by US energy magnate Harry Sargeant III has moved to export nearly 1 million barrels of Venezuelan crude for delivery into China, Bloomberg News reported on Monday, citing a document.

The cargo may be the first delivery of Venezuelan oil to the Asian country since the US took control of the nation’s oil sales earlier this year, the report said.