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Montevideo, August 15th 2018 - 10:50 UTC

Venezuela oil exports avoid seizures with tankers' transfers at sea and operating from Cuba

Thursday, August 9th 2018 - 08:40 UTC
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Venezuela’s state-run oil company PDVSA has limited the damage from an unprecedented slump in crude exports by transferring oil between tankers at sea and loading vessels in neighboring Cuba to avoid asset seizures. But Venezuela is still fulfilling less than 60% of its obligations under supply deals with customers. Read full article


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