The Trump administration is revoking a number of permits and licences that enable western oil companies to do business in Venezuela, as it ratchets up economic and diplomatic pressure on President Nicolás Maduro.
Italian oil major Eni said on Sunday it had been notified by US authorities that it was no longer allowed to be repaid for gas that it produces in Venezuela through oil supplies given to it by PDVSA, the state oil company.
The Italian energy company said it would engage with Washington to determine how it could continue providing non-sanctioned gas supplies which are essential to the local population and receiving payment for them.
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