US refineries taking in half of Venezuela’s oil output, official says
- US official says Venezuela is sending more than 500,000 of its 1.25 million barrels per day output to Gulf Coast refineries.
- Venezuela is exporting about half of its oil output to the United States, according to a senior US official, seven months after Washington abducted President Nicolas Maduro and installed an interim government in Caracas.
- Speaking at an industry event in Houston on Tuesday, Under Secretary of Energy Kyle Haustveit said more than 500,000 barrels per day (bpd) are now moving from Venezuela to the US out of national output of roughly 1.25 million bpd.
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- US official says Venezuela is sending more than 500,000 of its 1.25 million barrels per day output to Gulf Coast refineries.
- Venezuela is exporting about half of its oil output to the United States, according to a senior US official, seven months after Washington abducted President Nicolas Maduro and installed an interim government in Caracas.
- Speaking at an industry event in Houston on Tuesday, Under Secretary of Energy Kyle Haustveit said more than 500,000 barrels per day (bpd) are now moving from Venezuela to the US out of national output of roughly 1.25 million bpd.
Sources: Al Jazeera