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AlwaysFree: Venezuela Transfers Oil at New Ship-to-Ship Spot in The Caribbean

Author: SSESSMENTS

According to tanker tracking data, Venezuela’s state oil firm Petróleos de Venezuela, S.A. (PDVSA) has already started to use a new location near La Borracha island in the Caribbean sea for transferring Venezuelan crude in a ship-to-ship method for exports.

Data from TankerTrackers.com, the STS operation is occurring at the moment close to La Borracha involves a vessel loading 700,000 barrels of Venezuelan heavy crude with its transponder off. The website added that another tanker had been anchored off Venezuelan waters in the Caribbean sea for days before sailing to the STS spot.

The two vessels were seen to be doing the transfer on Monday.

The company has been informing customers regarding the possibility of this transfer method executed close to its Amuay refinery on Venezuela’s western coast to a new location away from shore off Los Monjes islands, close to the maritime border with Colombia.

Tags: AlwaysFree,Americas,Crude Oil,English,Latin America

Published on October 28, 2020 6:04 PM (GMT+8)
Last Updated on October 28, 2020 6:04 PM (GMT+8)