MyJoyOnline
MyJoyOnline
Africa · 17 mins ago

Tankers stack up as Venezuela sells oil faster than its ports can handle

Venezuela's dilapidated oil port terminals are imposing a de facto export cap on the country's resurgent crude production, with tankers having to wait up to 30 days to load because of ageing infrastructure, power outages and quality issues, according to shipping data, sources and ​documents.
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