Petronas Helping Venezuela And China Break US Sanctions Pula ? Kita Ni Superman Sangat Ke?

Thank you to the reader who alerted me to this. I hope our local media picks this up.
The full story at Reuters is here .

SINGAPORE/BEIJING (Reuters)

China’s crude oil imports from M'sia record levels in July, customs data showed

traders and tanker-tracking analyst citing oil transshipped from Venezuela
or blended with Venezuelan crude for unusual growth (in imports)

Crude imports from M'sia rose to 1.35m tonnes last month

more than double from year earlier data from China Customs showed

previous record set in May of 1.38 million tonnes
triple average monthly volume in 1st four months of 2019

Imports 1st seven months 2019 totaled 5.64m tonnes, 5.17m tonnes year earlier

500,000 tonnes of Msian supplies in July transshipped from Venezuelasupplied by Russian state oil firm Rosneft

growing Venezuela oil after Russia stepped in as top trader of Venezuelan crude
traditional dealers Vitol, Trafigura avoided dealing directly with Venezuela
for fear of breaching secondary U.S. sanctions.

Venezuelan heavy grade Merey, blended or moved into other vessels

at Msia’s transshipment hub of Linggi and Tanjung Bruas

renamed Singma and Mal Blend, according to Refinitiv Oil Research

Rosneft did not respond to a Reuters’ request for comment.

cargoes to east China’s Shandong province

China’s independent refineries, port of Tianijn in north China

4 to 5 refineries in Shandong taking Msian blends (Venezuelan oil)

said an executive with one Shandong refiner

Prior to May China’s imports of Msian crude mostly Nemina

blended from West African crudes

to primarily one buyer, state trader ChemChina

Only a fraction of Msia’s locally produced crude ..moves to China

surge in M'sian exports contrast with fall in total crude oil production by Petronas
which recorded 1.3% drop year-on-year to 2.4 million barrels of oil in 1st quarter

Petronas did not give its output in Malaysia

My comments :

Here is the real shocker : Petronas recorded 1.3% drop year-on-year to 2.4 million barrels of oil in 1st quarter. Our harta minyak is decreasing.

Its like this ok:

1. The Indians are boycotting our palm oil
2. Maszlee says 60% of university graduates remain unemployed
3. Guan Eng says there are 500,000 unemployed, of which 160,000 are graduates
4. Petronas oil production is dropping - 1.3% drop in 1st quarter 2019

So imagine now, suddenly we get hit by US sanctions for re-exporting Venezuelan oil? What will happen to our economy?

What will the government do then?
Melancap at another "maruah" congress?