• Maibort Petit

Are USA Sanctions Effective

Learn about some of the companies that PDVSA uses to violate US sanctions. China has been the destination for Venezuelan crude since the United States suspended commercial operations with the Nicolás Maduro regime.


By Maibort Petit


A series of briefcase companies, recently established, are used by the regime of Nicolás Maduro y Petróleos de Venezuela SA (PDVSA) to violate the sanctions imposed by the United States government. The owners have managed to make millions of dollars and have helped the Venezuelan dictatorship to stay in power.


In this installment we give an account of some of these companies.


American Multinational Energy Corp


American Multinational Energy Corp. is a public limited company registered on May 30, 2018 in Panama under number 155665848, which is domiciled in the District of Panama City, Panama District, Panama Province, Panama.


The agent is Jimy Ponce Castro, who also serves as director, treasurer and underwriter. Abner Torres serves as president and director; Maryorie Mendieta Navarro, is director, secretary and subscriber; Pedro Alonso Montoya Medina is a subscriber.


The legal representation of the company rests with its president or the person authorized by him [1].


American Multinational Energy Corp. was also registered in the state of Florida, United States, since June 28, 2017, under number P17000056186. Currently this firm is inactive.


Abner Torres was its agent and president [2].


This company is listed as the buyer of 4 million barrels of Merey 16 crude from PDVSA Petróleo SA, an operation that, according to the Summary of the Executive Directorate of Trade and Supply of PDVSA, took place on April 14, 2020.



The cargo will be dispatched at the José Antonio Anzoátegui Complex Crude Shipment and Storage Terminal (TAECJAA), or any other port designated by the seller and accepted by the buyer.


The destination of the crude oil was Asia, without further explanation of the port of destination of the cargo.


The evidence of the violations is in the hands of the US authorities.


Globe Max Trade LTD


On its website Globe Max Trade LTD says that it is a private company with “high diversification, engaged in the sale of various physical products of petroleum, crude oil, food, fabrics and others. Our company has been operating in the Czech and international markets for more than 15 years. The main office of our company is located in Prague (Czech Republic) and a representative office in Moscow (Russia). We work with companies in Eastern and Western Europe, Asia, the United States of America, Africa, and the Russian Federation. The company's business strategy is responsible and sustainable growth and expansion ”[3].


Meanwhile, the Open Corporates portal reports that Globe Max Trade LTD was registered on September 5, 2018 in the United Kingdom, under number 11553908.


The company's registered office is Unit-Q 35 Astbury Road, Peckham, London, SE15 2NL, England.


Previously, the company was called VHS-CZ LTD and changed to Globe Max Trade LTD on July 30, 2020. Previously, it had changed its name on March 18, 2020, when it was renamed Vodohospodarske Stavby Javornik-CZ Ltd to VHS- CZ LTD.


The director is Jan Krnac, who took over on December 10, 2018 to replace Lucie Cervenakova [4].


A Summary of the Executive Directorate of Trade and Supply of PDVSA, dated January 25, 2021, refers that PDVSA Petróleo SA sold 1,900,000 barrels of Merey 16 crude to Globe Max Trade LTD that would be shipped by TAECJAA bound for Asia .


Missile Group LTD


The Open Corporates portal reports that Missil Group LTD is a company registered in the United Kingdom on September 14, 2020, under number 12879318.


It is based at Flat 33 Consort House, Lensbury Avenue, London, SW6 2JZ, England.


The beneficial owners include Martin Alexander Sampson, George Sampson and Miguel Josue Silva Pérez. The latter appears as active director, while Martin Alexander Sampson, George Sampson and Marvin Alberto Linares Montesinos appear as inactive directors [5].



A summary of PDVSA's Executive Directorate of Commerce and Supply dated January 27, 2021, indicates that PDVSA Petróleo SA sold two shipments of Merey 16 crude, the first for 1,900,000 barrels and the second for the same quantity, at the company Missil Group LTD.


The crude would be loaded at the José Antonio Anzoátegui Complex Crude Shipment and Storage Terminal (TAECJAA) bound for the People's Republic of China.



Transportation and Services Corporation LDC CA Limited


According to the Open Corporates portal, Corporacion De Transporte Y Servicios LDC CA Limited is a company registered in Hong Kong on August 21, 2019, under number 2865661.


No information is given on the address and directory of the company [6].


In Venezuela, Corporacion De Transporte Y Servicios LDC CA is located in the Puerto Morro Urbanization, Avenida Américo Vespucio, house 642, 200 meters from the Caribean Mall, Lecherías, Anzoátegui state. RIF J-298693126, according to the portal SMEs Venezuela, which adds that the company has three workers and their telephone numbers are 0281-2743313 and 0414-8244863 [7].


A Summary of PDVSA's Trade and Supply Executive Directorate, dated March 23, 2021, states that PDVSA Petróleo SA sold 1,900,000 barrels of Merey 16 crude to the Corporación De Transporte Y Servicios LDC CA Limited.


The load would take place at the José Antonio Anzoátegui Complex Crude Shipment and Storage Terminal (TAECJAA), bound for the People's Republic of China.


[1] Open Corporates. American Multinational Energy Corp. https://opencorporates.com/companies/pa/155665848

[2] Open Corporates. American Multinational Energy Corp. https://opencorporates.com/companies/us_fl/P17000056186

[3] Globe Max Trade Ltd http://globemaxtrade.com/about-us/

[4] Open Corporates. Globe Max Trade LTD. https://opencorporates.com/companies/gb/11553908

[5] Open Corporates. Missile Group LTD. https://opencorporates.com/companies/gb/12879318

[6] Open Corporates. Corporacion De Transporte Y Servicios LDC CA Limited. https://opencorporates.com/companies/hk/2865661

[7] SMEs Venezuela. Corporacion De Transporte Y Servicios LDC CA http://pymesvenezuela.com/ficha/corporacion-de-transporte-y-servicios-ldc-ca-148155


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