30 April 2013
Venezuela cuts US fuel imports as the Amuay refinery re-started
Last August, 39 people were killed and the refinery was badly damaged after an explosion, forcing the plant to close
Venezuela's new president Nicolas Maduro faces a long list of challenges in the oil industry and at state-run oil company PdV. But he has received one piece of good news this month: the country’s imports of refined fuel products from the US plunged in February as the Amuay refinery re-started production. Venezuelan imports of petroleum products fell to 54,266 barrels a day (b/d) in February, down nearly 75% from a peak of more than 200,000 b/d in December, according to data from the US Energy Information Administration. Gasoline imports fell particularly sharply, declining 95% from around 116,000 b/d in January to just 6,166 b/in February. An explosion at the Amuay refinery last August kille
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation
