Why oil-rich Venezuela is suffering severe gasoline shortages

Why oil-rich Venezuela is suffering severe gasoline shortages
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

22.05.2020

MOSCOW (MRC) -- At least five Iranian tankers carrying fuel are currently en route to gasoline-starved Venezuela, which has the world's largest crude reserves. The United States, which maintains sanctions on both OPEC members, is weighing a response to the supply, said Reuters.State oil company Petroleos de Venezuela's refinery network has the capacity to produce 1.3 million barrels per d

Full article at mrcplast.com

Back

news