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PDVSA put out to tender buying diesel, naphtha on the open market, offers fuel oil

 

 

By Reuters

HOUSTON
Petroleumworld 05 30 2018

Venezuela's state-run oil company PDVSA has launched tenders to buy up to 900,000 barrels of high-sulfur diesel, naphtha and propane for June delivery, while offering 500,000 barrels of fuel oil for sale, traders told Reuters on Tuesday.

The country's imported fuel needs have increased this year as PDVSA's refineries are working well below their installed capacity due to lack of spare parts, delayed maintenance programs and falling crude input.

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Reporting by Marianna Parraga from Reuters

reuters.com 05 29 2018

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