US EditionUS Naphtha Begin Arriving in Venezuela to Reanimate Heavy Oil Output, Ship Data Showed
U.S.-linked naphtha shipments restore diluent supplies vital for blending Venezuela's extra-heavy crude, enabling pipeline flow and exports under a $2 billion deal, analysts say.
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Venezuela’s Heavy Oil Gets a Lifeline from US Naphtha
US naphtha has begun arriving in Venezuelan waters, marking an early and telling step in efforts to restart the country’s long-crippled heavy oil production. Ship tracking data showed a tanker chartered by Vitol reaching Venezuelan waters with the first naphtha cargo tied to a new oil deal between Washington and Caracas. The shipment follows a flagship agreement struck earlier this month after the removal of Nicolás Maduro, allowing Venezuela to…
US naphtha begin arriving in Venezuela to reanimate heavy oil output, ship data showed
The first naphtha cargo for Venezuela as part of an oil deal agreed between Caracas and Washington this month arrived on Friday in the country's waters in a tanker chartered by trading house Vitol, ship tracking data showed.
24-01-26.-Venezuela took this Friday a significant step towards the recovery of its oil industry with the arrival of a cargo of 460,000 barrels of heavy naphtha from the United States, on board the ship Hellespont Protector. This supply, crucial for the production of crude extra heavy...
The first cargo of nafta for Venezuela, as part of a petroleum agreement signed between Caracas and Washington this month, came on Saturday (23) to the waters of the country in a tanked ship loaded by Vitol trading. This month, following the capture of Nicolas Maduro by the United States, Caracas and Washington, agreed with an important oil supply agreement worth $2 billion for the sale of up to 50 million barrels of Venezuelan oil stored.
News to the Day and to the Hour Latest News of today The first shipment of naphtha for Venezuela, coming from the United States as part of the oil agreement reached between Caracas and Washington this month, arrived on Friday in the waters of the country in an oil tanker chartered by the commercial house Vitol, according to data tracking the boat. This month, after the United States captured Venezuelan President Nicolás Maduro, Caracas and Wash…
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