Venezuela resumed supplying a key domestic crude to political ally Cuba this summer as the South American country's refining output fell further, according to internal documents from state-run oil firm PDVSA seen by Reuters.
Sept 13 Venezuela resumed supplying a key
domestic crude to political ally Cuba this summer as the South
American country's refining output fell further, according to
internal documents from state-run oil firm PDVSA seen by
Sept 12 PDVSA expects to reopen the south dock
of Venezuela's main oil port Jose by the end of September,
easing strains on crude exports delayed due to a tanker
collision last month, according to internal trade documents from
the state-run oil firm seen by Reuters.
Crude exports by Venezuela's PDVSA have slowed after a tanker collision at its main port last month disrupted operations, adding to a backlog of vessels waiting to load, according to shipping sources and Reuters data.
Venezuela's state-run PDVSA [PDVSA.UL] is organising a contingency plan to address its latest oil-export problem following a minor accident last week at the country's main crude terminal, two sources from the firm told Reuters on Friday.
MEXICO CITY Mexico's state-run oil firm Pemex [PEMX.UL] has not exported light crude since May, according to a source and export data seen by Reuters on Thursday, as it gears up to process more of the oil at its domestic refineries.
The closing of a dock at Venezuela's main oil export port could delay as much as 5 million barrels in crude deliveries to Russian company Rosneft , further complicating oil-for-loan agreements between state-run PDVSA and Rosneft, a source said on Wednesday and internal PDVSA documents showed.
Venezuela's main oil port of Jose is operating partially after a tanker collided with a dock at the weekend, curtailing state-run PDVSA's ability to export upgraded crude and receive imported diluents, three sources with knowledge of the incident said on Tuesday.
Aug 22 Curacao's Isla refinery was still
operating at a minimum level as it waited for the resolution of
a legal dispute between Venezuela's state-run PDVSA and
ConocoPhillips to restore crude supplies to the plant,
three sources close to the matter said this week.
U.S. producer ConocoPhillips and Venezuela's PDVSA have reached a payment agreement over a $2 billion arbitration, the companies said on Monday, suspending a dispute that blocked the state-run company from exporting oil from most of its key Caribbean facilities.