China’s trading firm PetroChina was
awarded a tender to sell up to 1.65 million barrels of U.S. light crude to
Venezuela’s state-run PDVSA for delivery in the coming weeks at a terminal in
Curacao, traders said. The Chinese company along with British BP were awarded a
previous tender by PDVSA in March to import more than 8 million barrels of
light crude this year. But deliveries have been affected by long payment delays
to PDVSA’s suppliers. The last cargo sent by BP from a list of 13 agreed
shipments discharged at Curacao last week after waiting for 90 days, according
to Thomson Reuters vessel tracking data. More…
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