Chevron’s Plan To Nearly Double Its Oil Exports From Venezuela ...Middle East

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Chevron’s Plan To Nearly Double Its Oil Exports From Venezuela
source : OILPRICE ( Middle East ) () 38
Chevron, the only U.S. company currently allowed to do business in Venezuela, has urged the country’s government to clean up sediment from Lake Maracaibo to make it possible to load more crude oil on tankers without risking running aground. The cleanup, Bloomberg reports, would nearly double the amount of crude the company could export. For now, Chevron has paid for a measurement of the amount of sediment accumulated at the bottom of the lake. If the lake gets cleaned up, Chevron could load up to 400,000 barrels of crude on its tankers, up…

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