UNITED STATES (VOP TODAY NEWS) — Venezuelan Oil Minister Manuel Acevedo said on Monday his country could divert oil destined for the United States to Russia or other countries.
Kifidu, also head of the state-run oil company PDVSA, said at a meeting of oil ministers from OPEC and elsewhere in Baku, Azerbaijan, that the generator at the main Venezuelan oil port of Venezuela is now operational after a power cut stopped crude exports last week.
“At the moment, José is working at full capacity,” Kevedo told reporters through an interpreter. Suffered a lot of power outages … Venezuela’s oil industry suffered greatly. ”
Earlier this year, the United States imposed tough sanctions on the oil industry in Venezuela in an effort to deprive President Nicolas Maduro of a key source of income.
Caracas will decide where its oil will be shipped, the minister said
The main goal of his country is to strengthen relations with Russia and pledged to abide by contracts to supply oil to it.
“The contracts are being honored.
“We can send US oil to Russia or other clients.”
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