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Venezuelan state oil company Petroleos de Venezuela has halted operations at its 310,000 barrel-per-day (bpd) Cardon refinery due to problems with crude supply, four people familiar with the matter said this week. Two of the people said the crude supply shortage arose due to problems at a pipeline supplying crude to the plant. Cardon was the only PDVSA refinery producing gasoline in the OPEC country, which has been suffering fuel shortages over the past year due to underinvestment and mismanagement at PDVSA’s 1.3 million bpd refining network, and more recently US sanctions aimed at ousting President Nicolas Maduro. Full Text-> BusinessRecorder
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