Venezuela's state energy firm PDVSA has been shipping more oil this month to close ally Cuba, as tighter U.S. sanctions have worsened fuel shortages on the Caribbean island, according to sources PDVSA last month averaged 51,335 bpd in exports to Cuba even after specific sanctions on those shipments. The most recent export, a 300,000-barrel cargo of diesel on Venezuela-flagged tanker Venezuelan petroleum exports to Cuba surge in response to US sanctions Caracas, Venezuela — Venezuela has increased oil supplies to ally Cuba in May four-fold as US sanctions severely limit exports to other countries, PDVSA documents show.

Venezuela's state energy firm PDVSA has been shipping more oil this month to close ally Cuba, as tighter U.S. sanctions have worsened fuel shortages on the Caribbean island, according to sources PDVSA last month averaged 51,335 bpd in exports to Cuba even after specific sanctions on those shipments. The most recent export, a 300,000-barrel cargo of diesel on Venezuela-flagged tanker Venezuelan petroleum exports to Cuba surge in response to US sanctions Caracas, Venezuela — Venezuela has increased oil supplies to ally Cuba in May four-fold as US sanctions severely limit exports to other countries, PDVSA documents show. Venezuela's oil shipments to Cuba have been falling since 2008, when they peaked at 115,000 bpd mainly due to a decline in crude exports. The poor shape of Venezuelan refineries cut into fuel Some 4 percent of Venezuelan oil exports are sent to Cuba and the country has largely been spared of the aftermath from PDVSA's growing cash flow problems, which already undermined oil supplies to Cuba’s fuel exports consists of (i) petroleum products processed in the Cienfuegos refined using crude oil imported from Venezuela; and (ii) products from the blending operation performed at a joint venture with the Venezuelan oil company, PDVSA. Recently, PDVSA has pulled out of the refinery, selling its 49% share, and the Cuban company Petrocuba has taken full control. After this eight-month moratorium on exports to Cuba, Venezuela once again began to export light oil to Cuba and Curacao in March, but at a great cost to their own refineries.

Sep 25, 2019 Venezuela's oil company PDVSA has ordered an increase in exports to ally Cuba to ease fuel shortages on the island, challenging fresh U.S. 

Venezuela's state energy firm PDVSA has been shipping more oil this month to close ally Cuba, as tighter U.S. sanctions have worsened fuel shortages on the Caribbean island, according to sources PDVSA last month averaged 51,335 bpd in exports to Cuba even after specific sanctions on those shipments. The most recent export, a 300,000-barrel cargo of diesel on Venezuela-flagged tanker Venezuelan petroleum exports to Cuba surge in response to US sanctions Caracas, Venezuela — Venezuela has increased oil supplies to ally Cuba in May four-fold as US sanctions severely limit exports to other countries, PDVSA documents show. Venezuela's oil shipments to Cuba have been falling since 2008, when they peaked at 115,000 bpd mainly due to a decline in crude exports. The poor shape of Venezuelan refineries cut into fuel Some 4 percent of Venezuelan oil exports are sent to Cuba and the country has largely been spared of the aftermath from PDVSA's growing cash flow problems, which already undermined oil supplies to Cuba’s fuel exports consists of (i) petroleum products processed in the Cienfuegos refined using crude oil imported from Venezuela; and (ii) products from the blending operation performed at a joint venture with the Venezuelan oil company, PDVSA. Recently, PDVSA has pulled out of the refinery, selling its 49% share, and the Cuban company Petrocuba has taken full control.

May 23, 2019 Venezuela has increased oil supplies to ally Cuba in May four fold as US sanctions severely limit exports to other countries, PDVSA documents 

The U.S. government imposed the toughest sanctions yet on PDVSA in late January, causing an abrupt disruption in flows of Venezuelan oil to the United.. May 10, 2019 During that period shipments to Cuba declined 64% to 22 million barrels including crude oil for blending and re-export operations in the former 

According to the latest data, Venezuela's crude oil production now stands at The United States is still the largest single destination for Venezuelan crude oil exports, products to 8 of the 17 Petrocaribe countries but continue to supply Cuba.

Venezuelan petroleum exports to Cuba surge in response to US sanctions Caracas, Venezuela — Venezuela has increased oil supplies to ally Cuba in May four-fold as US sanctions severely limit exports to other countries, PDVSA documents show.

Jan 16, 2015 The Cubans re-export some of the crude that Venezuela sends them to Cuba will earn $365 million less from Venezuelan oil re-exports in 

Mar 4, 2019 Only two ships carrying 766000 barrels of crude oil from Venezuela arrived in Venezuelan oil executives have started to self-embargo oil exports to the to Russia to purchase high-grade crude oil to send directly to Cuba. Jul 15, 2016 Officials with PDVSA rejected allegations that the Venezuelan state-owned oil firm plans to lower crude exports to Cuba. “There has not been  Jul 9, 2016 Venezuela's falling crude output and financial woes have left it struggling Cuba , which receives some 4% of Venezuela's total oil exports, has 

Venezuela’s oil shipments to Cuba have been falling since 2008, when they peaked at 115,000 bpd mainly due to a decline in crude exports. The poor shape of Venezuelan refineries cut into fuel 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 PUNTO FIJO, Venezuela/MEXICO CITY (Reuters) - Venezuelan state oil company PDVSA ordered an increase in exports to ally Cuba to ease fuel shortages on the island this month, challenging U.S.