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Venezuela Passes Law Against Piracy, Blockades Amidst US Tanker Seizures

Venezuela Passes Law Against Piracy, Blockades Amidst US Tanker Seizures

MARINELOG
Venezuela's ruling-party controlled National Assembly unanimously approved a law on Tuesday that allows prison sentences of up to 20 years for anyone who promotes or finances what it describes as piracy or

Venezuela's ruling-party controlled National Assembly unanimously approved a law on Tuesday that allows prison sentences of up to 20 years for anyone who promotes or finances what it describes as piracy or blockades.

The law, which includes "other international crimes", comes after recent U.S. actions against Venezuelan oil shipments.

The U.S. Coast Guard seized a sanctioned supertanker carrying Venezuelan crude earlier this month and attempted to intercept two other vessels linked to Venezuela over the weekend, U.S. officials said.

The interceptions mark Washington's toughest blow to state oil company PDVSA since its Treasury Department sanctioned the oil company's former trading partners, two subsidiaries of Russia's Rosneft, in 2020, forcing it to cut production and exports. PDVSA was already under sanctions since 2019.

The draft "Law to Guarantee Freedom of Navigation and Commerce Against Piracy, Blockades, and Other International Illicit Acts" was introduced on Monday by pro-government lawmaker Giuseppe Alessandrello.

National Assembly President Jorge Rodriguez said at the end of the session the bill will be sent to the executive for approval and will take effect once published in the Official Gazette.

Washington has increased pressure on the government of President Nicolas Maduro in recent months, including stepping up a military

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