Report: PDVSA canТt meet oil supply commitments to Lukoil in Jun - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Report: PDVSA canТt meet oil supply commitments to Lukoil in Jun

MEXICO, Jun 5 (PRIME) -- Venezuelan oil company PDVSA has notified eight international customers, including Russian oil major Lukoil, that it will not be able to fulfill obligations on oil supplies in June, El Nacional reported on Tuesday citing a source in the company.

PDVSA is contractually obligated to supply 1.495 million barrels of oil to its clients in June, but can export only 649,000 barrels, the source said.

Besides Lukoil, the affected clients include Nynas, Tipco, Chevron, CNPC, Reliance, Conoco, and Valero.

Oil production in Venezuela fell to its lowest on the back of an economic and political crisis. According to OPEC, the country produced 1.49 million barrels of oil per day in April.


05.06.2018 08:56
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 72.3186 +0.4817 25 may
USD 64.6106 +0.1193 25 may
Stock Market Indices
1D 1W 1M 1Y
rtsi 1279.11 +0.29 18:50 24 may
micex 2619.24 +0.02 18:50 24 may
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 204.50 -2.09 18:46 24 may
lkoh 5240.00 -0.66 18:46 24 may
rosn 423.00 +1.43 18:45 24 may
sber 234.45 +2.25 18:46 24 may
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 72.1000 +0.0775 14:59 24 may
USDTD 64.8200 +0.5275 17:44 24 may