Tuesday, October 20, 2020

Venezuela to divert crude destined for US to Russia

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Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

Venezuelan Oil Minister Manuel Quevedo said on Monday that his country may divert oil that was mainly destined for the United States to Russia or other countries.

Manuel Quevedo, who is also president of the state-run oil company PDSA, said at a meeting of oil ministers from OPEC and elsewhere in Baku, Azerbaijan, that the generator at Venezuela’s main oil port of Venezuela is now operating after the power cut that halted crude exports last week.

The minister said that Caracas will decide the destination to which its oil will be shipped, and that the main goal of his country is to strengthen relations with Russia and has pledged to abide by oil supply contracts.

Read also: World’s top ten kings of Black gold

 

Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

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