KM Financial Solutions | UPDATE 5-Venezuela’s PDVSA transfers oil at sea despite customer qualms
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UPDATE 5-Venezuela’s PDVSA transfers oil at sea despite customer qualms

UPDATE 5-Venezuela’s PDVSA transfers oil at sea despite customer qualms

HOUSTON/PUNTO FIJO, Venezuela, June 7 (Reuters) – Venezuela
has begun testing seaborne oil transfers to ease a severe
backlog of crude deliveries from its main terminals, according
to sources and data, as chronic delays and production declines
could temporarily halt state-run PDVSA’s supply contracts if
they are not cleared soon.

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