Courtesy
The production of crude by Venezuela’s state-owned PDVSA and its partners in the Orinoco Belt fell to 235,000 b/d, or 18% of the region’s maximum 1.3 million b/d capacity, on May 26, due to storage limitations and the lack of light crude to dilute the region’s extra heavy crudes, according to a technical report reviewed by S&P Global Platts. By Mery Mogollon. Full Text -> SPGlobal Platts
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