HomeWorldEurope resumes oil supplies...

Europe resumes oil supplies from Venezuela

In May, the State Department allowed Italy’s Eni and Spain’s Repsol to resume Venezuelan oil operations.

European companies began buying oil in Venezuela against the backdrop of falling supply in the world market, Reuters wrote.

function news4486680() {
$.get(‘//’ + window.location.host + ‘/ajax/module.aspx?spm_id=444&id=4486680&lang=2&IsAjax=true’, function (data) { $(‘#nk4486680’).html(data); });
}

news4486680();

Thus, the Italian company Eni chartered a tanker with Venezuelan oil in the amount of 650,000 barrels.

In May, the U.S. State Department allowed Eni, as well as Spain’s Repsol, to resume Venezuelan oil operations as a way to pay off outstanding debt and billions of dollars in dividends.

The second tanker, Eni’s charter, will also soon head to Venezuela and is expected to load 2 million barrels of diluted crude oil and deliver it to Europe. This shipment will be split between Eni and Repsol of Spain.

OPEC predicts a slowdown in global oil demand growth next year to 2 million barrels per day from 3.36 million this year.

News from Athletistic in the Telegram. Subscribe to our channel Athletistic

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

5 K-Pop songs that were inspired by books and movies

With Brazilian reference included; Meet 5 songs by K-Pop artists who had books, animations and movies like InspirationThat art inspires thousands of people around the world everyone knows. She, who with her particular meanings and detailed details, is able to sensitize and become a model for new...

What are the movies that make up the age of Disney’s shadows?

Find out what are the films released by Disney that were marked by the characteristics of the studio's shadows ageDo you know what was the age of Disney's shadows? Also called the Dark Era, it was obscure, the darkness and was bronze, this is the period marked...