Venezuela's oil company PDVSA is seeking
to buy up to 6.32 million barrels of fuel in one of its largest offers on the
open market in recent years, according to documents seen by Reuters on Thursday.
The firm, whose refining network is working at record lows since March due to
lack of light oil, equipment malfunctions and other incidents, has increased
fuel purchases this year to avoid gasoline shortages in the country. The 17 fuel cargoes of gasoline blendstock,
ultra-low sulfur diesel (ULSD), catalytic naphtha, vacuum gasoil (VGO) and
components for motor gasoline are expected to be received from July through
December, the tender documents say. More…
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