Venezuela's oil industry operating normally amid election protests

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 49 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 54%
  • Publisher: 63%

Oil Production Notícia

Venezuela,PDVSA,Shipping Delays

Venezuela's oil production and exports were working normally on Thursday following last weekend's disputed presidential election that has triggered protests ...

CARACAS - Venezuela's oil production and exports were working normally on Thursday following last weekend's disputed presidential election that has triggered protests and international reactions, but shipping delays accumulated since early this year persist, sources said.

Exports of oil and fuel, however, continue accumulating delays related to slow shipping from the country's main terminal, Jose, and a need to resort to ship-to-ship loadings for some products, which typically takes longer.The U.S. government last year granted a broad license to Venezuela's oil industry allowing PDVSA to freely export to its chosen markets, which triggered increased demand for Venezuela's oil and pushed up fuel imports through swaps.

Among companies that receive Venezuela's crude under U.S. specific licenses, including U.S. Chevron and Spain's Repsol, delays have not been as long, according to PDVSA's exports records.U.S officials this week said that individual licenses granted to energy companies operating in Venezuela will not be changed or withdrawn for the moment, despite Washington planning actions in response to the electoral dispute, including the possibility of fresh sanctions on the country.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 47. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Market movers: Stocks seeing action on ThursdayA survey of North American equities heading in both directions
Fonte: globeandmail - 🏆 5. / 92 Consulte Mais informação »