The announcement was posted on Ms. Delcy Rodriguez's Telegram channel on February 1, nearly 1 month after President Donald Trump ordered a military campaign to arrest Venezuelan President Nicolas Maduro.
Ms. Rodriguez said that the ship Chrysopigi Lady had left Venezuela "with the first batch of liquefied petroleum gas". The oil tanker Chrysopigi Lady departed from the coast of Anzoátegui.
The Singaporean flagship Chrysopigi Lady left a port in northern Venezuela on the evening of February 1st and is scheduled to arrive in Providence, Rhode Island, USA, according to marinetraffic.com data.
I am proud to share this moment: The Chrysopigi Lady has left Venezuela with its first liquefied petroleum gas shipment. We are marking this historic milestone by exporting the country's first gas molecule; an achievement for the prosperity of the Venezuelan people," she said.
The export took place after the Venezuelan National Assembly unanimously passed a breakthrough reform of the Organic Law on Hydrocarbons on January 29.
This law, a pillar in Ms. Rodriguez's economic recovery plan, aims to modernize the industry and attract foreign investment.
By allowing a significant expansion of the private sector, companies are now allowed to participate directly in all stages of the process, including exploration, mining, collection and storage.
To reassure global investors, this reform implements strong legal protection measures by allowing international mediation and arbitration to resolve project disputes, bypassing the local judicial system.
Private producers are given unprecedented autonomy to manage assets effectively without being strictly controlled by the state as before.
International media commented that although Venezuela has always been dependent on crude oil, the addition of LPG to the country's export portfolio signals a strategic diversification.
