New PDVSA partner EREPLA: OFAC has last word
Further to infodio's exclusive about a joint services and offtake agreements signed between PPSA and EREPLA Services LLC, replies to request for comments put to Harry Sargeant have been received from Ali Hasan Rahman (see below). As per Hasan Rahman's comments, OFAC has the last word on the deal.
"As Director of EREPLA Services LLC and EREPLA Trading LLC, I would like to respond to the email that you sent Mr. Sargeant last week.
In response to your specific questions:
Argus Media bills itself as the "Leading independent provider of energy and commodity price benchmarks". As other industry analysis firms of the type, it sells its services in the open market. Being "in the know", and boasting a network of experts and in-country analysts probably makes part of its sales pitch.