Venezuela doubled oil exports to Cuba in April

Although Venezuela’s oil exports fell by 8% in April from the previous month, this was not the case with Cuba.

As reported Reuters In a note in English, recently released documents and ship tracking data attest to this decline, “with continued delays and insufficient availability.

According to the data provided, the state oil company PDVSA and its joint ventures exported an average of 644,870 bpd (barrels per day) of raw and refined goods in April.

More than 70% of exports were made to ChinaDirectly or through transshipment hubs such as Malaysia, the agency refers to “evaluation based on PDVSA tables and Refinitiv Eikon ship tracking data”.

As for Cuba, the South American country doubled its oil exports last month.

Venezuela shipped nearly 70,000 bpd of crude oil, diesel, gas, coke and fuel oil to Cuba.As evidenced by the data.

On the island, the text points out that “the queues to buy diesel and petrol have exposed fuel shortages this year.”

Fuel shortages in Cuba

Last March, the fuel trading company CUPET, Was contacted Among other reasons, the effects of the last hours were due to an “increase in demand”.

At the time, they explained that it had nothing to do with the fact that more than 400 cars were queuing up to buy fuel and that Cuba could not buy it in the “international market”.

“Fuel-carrying transport equipment, pipes and tanks must be used for the transportation of the same diesel, and people must guarantee generator sets,” they explained.

But they have acknowledged that the “loading of fuel in containers” has been suspended from the Havana government.