US Refineries Taking in Half of Venezuela’s Oil Output, Official Says
11 Articles
11 Articles
More than 500,000 barrels - about half of Venezuela ' s output - go to the US for refineries built specifically for this crude oil.
US Under Secretary of Energy Kyle Gaustienite stated that about half of the oil produced in Venezuela was currently exported to the United States, while American raw materials were being imported into a country where it was mixed with heavier oil.
According to statements by the U.S. Undersecretary of Energy, Kyle Haustveit, collected by Reuters, approximately half of Venezuela’s current crude oil production — some 500,000 barrels a day — is being directed to U.S. refineries. The post U.S. Undersecretary of Energy states that half of Venezuelan crude is being shipped to U.S. refineries first appeared on Cubadebate.
Venezuela’s oil flows to the United States at a rate of 500,000 barrels a day, half of a national production of about 1.25 million. This was confirmed this Tuesday in Houston by US Undersecretary of Energy Kyle Haustveit, and the figure redefines the map of the sanctions and of the global supply of crude oil. The data comes seven months after Washington forced Nicolás Maduro’s exit from power and installed an interim government in Caracas. At th…
Kyle Haustveit stated that more than 500,000 barrels of Venezuela's daily oil production of 1.25 million barrels are shipped directly to US refineries.
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