economy

Reuters: Chevron aumentará exportaciones de petróleo venezolano a EEUU

La productora de petróleo Chevron (CVX.N) tiene previsto aumentar sus exportaciones de crudo venezolano a Estados Unidos a unos 300.000 barriles por día (bpd) […]

Reuters: Chevron aumentará exportaciones de petróleo venezolano a EEUU

TL;DR

  • Chevron plans to raise Venezuelan crude exports to the U.S. to 300,000 bpd in March.
  • The company is chartering more tankers to drain accumulated inventories.
  • Chevron's joint ventures with PDVSA produce 240,000-250,000 bpd of heavy crude.
  • Production in Chevron's projects was not affected by PDVSA's recent output cuts.
  • Chevron previously held sole authorization for U.S. Venezuelan oil exports.
  • Vitol and Trafigura now also have U.S. licenses to export Venezuelan oil and fuel.