Fuel Shortages Persist Across Venezuela

(Energy Analytics Institute, 10.Oct.2020) — Venezuela continues to suffer from severe shortages of fuel from gasoline to diesel and across the entire country despite the recent arrival of three Iranian tankers with manly gasoline supplies. Fuel shortages continue across the OPEC-member country since the second shipment this year of Iranian […]

Maduro Vows To Raise Venezuelan Gasoline Price

(Reuters, 27.May.2020) — Venezuelan President Nicolas Maduro on Wednesday pledged to begin charging citizens for gasoline, as the fourth cargo of a five-tanker flotilla bringing fuel from Iran approached the South American nation’s exclusive economic zone. Iran is providing the country with up to 1.53 million barrels of gasoline and […]

Third Iranian Fuel Cargo Approaches Venezuela

(Reuters, 26.May.2020) — The third cargo of an Iranian tanker flotilla carrying fuel for gasoline-thirsty Venezuela was approaching the nation’s exclusive economic zone on Tuesday as the previous two were preparing to discharge, according to Refinitiv Eikon data. The Iran-flagged tanker Petunia entered the Caribbean Sea on Monday after crossing […]

PDVSA Steps Up Shipments To Cuba

(Reuters, 14.Feb.2020) — Venezuela’s state energy firm PDVSA has been shipping more oil this month to close ally Cuba, as tighter U.S. sanctions have worsened fuel shortages on the Caribbean island, according to sources and internal company documents seen by Reuters. Six vessels, most of them owned by PDVSA’s maritime […]