Venezuelan refinery reels as PDVSA ships light oil to Cuba, Curacao

Venezuela's 187,000-barrel-per-day Puerto la Cruz refinery is running at 16 percent of capacity, mainly due to a lack of light oil as state-run PDVSA ships a portion of its Mesa 30 crude to Cuba and Curacao, according to internal trade reports and workers Oil company PDVSA in March resumed exports of Mesa 30 to Cuba after an eight-month pause. It has shipped between 850,000 barrels and 1.4 million barrels per month to the Caribbean island since then, documents show. More…