WELLINGTON/SYDNEY: The Pacific nation of Tonga braced for destructive winds and potential flash flooding from Tropical Cyclone Gita on Monday after the powerful storm pummelled Samoa over the weekend.
The Category 4 storm was moving south across the Pacific and was expected to hit Tonga’s capital, Nuku’alofa, by 7 p.m. on Monday (0600 GMT), prompting the island nation to declare a state of emergency.
“Very destructive hurricane force winds are expected from this evening,” the Tongan Metservice said in a hurricane warning.
The Metservice said it expects Cyclone Gita to peak at a Category 4 event, but other regional meteorological agencies said the storm would reach Category 5, the most destructive wind-speed ranking.
Aid agencies warned of potential damage from heavy rain and winds, which the Metservice said could reach up to to 185 km per hour (115 mph).
Schools and workplaces in Tonga, which has a population of over just over 100,000, were closed ahead of the storm.
The Red Cross said residents were racing to identify strong buildings to be used for evacuations and to clean up debris such as loose wood or metal that could turn into dangerous missiles in powerful winds.
“That’s an incredibly strong cyclone ... people are getting prepared ... it really does save lives,” said Hanna Butler, Red Cross Pacific spokeswoman based in Fiji.
The Metservice also warned of huge coastal swells and flooding of low-lying areas.
Cyclone Gita pummelled Samoa and American Samoa, about 900 km (560 miles) to the northeast, over the weekend, flooding the Samoan capital, Apia. About 300 people had evacuated but were now returning to their homes, Butler said. Many people remained without clean, running water.
US President Donald Trump declared emergency status for American Samoa, authorizing the Department of Homeland Security and Federal Emergency Management Agency to coordinate disaster relief efforts.
Tonga braces as powerful Cyclone Gita bears down
Tonga braces as powerful Cyclone Gita bears down
US allows oil majors to broadly operate in Venezuela, new energy investments
- Treasury Department issues general license allowing Chevron, BP, Eni, Shell and Repsol to operate oil and gas operations in Venezuela
- Move is the most significant relaxation of sanctions on Venezuela since US forces captured and removed President Nicolas Maduro
WASHINGTON: The US eased sanctions on Venezuela’s energy sector on Friday, issuing two general licenses that allow global energy companies to operate oil and gas projects in the OPEC member and for other companies to negotiate contracts to bring in fresh investments. The move was the most significant relaxation of sanctions on Venezuela since US forces captured and removed President Nicolas Maduro last month.
The Treasury Department’s Office of Foreign Assets Control issued a general license allowing Chevron, BP, Eni, Shell and Repsol to operate oil and gas operations in Venezuela. Those companies still have offices in the country and stakes in projects, and are among the main partners of state-run company PDVSA.
The authorization for the oil majors’ operations requires payments for royalties and Venezuelan taxes to go through the US-controlled Foreign Government Deposit Fund.
The other license allows companies around the world to enter contracts with PDVSA for new investments in Venezuelan oil and gas. The contracts are contingent on separate permits from OFAC.
The authorization does not allow transactions with companies in Russia, Iran, or China or entities owned or controlled by joint ventures with people in those countries.
The licenses “invite American and other aligned companies to play a constructive role in supporting economic recovery and responsible investment, ” the US State Department said in a release. Additional authorizations may be issued “as necessary,” it said.
A spokesperson for Chevron, the only US oil firm currently operating in Venezuela, said the company welcomed the new licenses.
“The new General Licenses, coupled with recent changes in Venezuela’s Hydrocarbons Law, are important steps toward enabling the further development of Venezuela’s resources for its people and for advancing regional energy security,” the spokesperson said in a statement.
Eni said it is assessing the opportunities in Venezuela that the authorization opens up.
Oil law reform
The US licenses follow a sweeping reform of Venezuela’s main oil law approved last month, which grants autonomy for foreign oil and gas producers to operate, export and cash sale proceeds under existing joint ventures with PDVSA or through a new production-sharing contract model.
The US has had sanctions on Venezuela since 2019 when President Donald Trump imposed them during his first administration. Trump is now seeking $100 billion in investments by energy companies in Venezuela’s oil and gas sector. US Energy Secretary Chris Wright said on Thursday, during his second day of a trip to Venezuela, that oil sales from the country since Maduro’s capture have hit $1 billion and would hit another $5 billion in months.
Wright said the US will control the proceeds from the sales until Venezuela stands up a “representative government.” Since last month, the Treasury issued several other general licenses to facilitate oil exports, storage, imports and sales from Venezuela. It also authorized the provision of US goods, technology, software or services for the exploration, development or production of oil and gas in Venezuela.
The Venezuelan government expropriated assets of Exxon Mobil and ConocoPhillips in 2007 under then-President Hugo Chavez. The Trump administration is trying to get those companies to invest in Venezuela as well. At a meeting at the White House with Trump last month, Exxon Mobil CEO Darren Woods said Venezuela was “uninvestable” at the moment.
Wright said on Thursday that Exxon, which no longer has an office in Venezuela, is in talks with the government there and gathering data about the oil sector. Exxon did not immediately comment.
