A gasoline shortage in OPEC member
Venezuela was exacerbated by an increase in fuel exports to foreign allies such
as Cuba and Nicaragua and an exodus of crucial personnel from state-run energy
company PDVSA, according to internal PDVSA documents and sources familiar with
its operations. Leftist-run Venezuela sells its citizens the world's cheapest
gasoline. Fuel supplies have continued flowing despite a domestic oil industry
in turmoil and a deepening economic crisis under President Nicolas Maduro that
has left the South American country with scant supplies of many basic
necessities. More… Monday, March 27, 2017
Venezuela increased fuel exports to allies even as supply crunch loomed
A gasoline shortage in OPEC member
Venezuela was exacerbated by an increase in fuel exports to foreign allies such
as Cuba and Nicaragua and an exodus of crucial personnel from state-run energy
company PDVSA, according to internal PDVSA documents and sources familiar with
its operations. Leftist-run Venezuela sells its citizens the world's cheapest
gasoline. Fuel supplies have continued flowing despite a domestic oil industry
in turmoil and a deepening economic crisis under President Nicolas Maduro that
has left the South American country with scant supplies of many basic
necessities. More…
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