"Petroleos de Venezuela SA, PdVSA, will reduce its output starting on January 1, by 189,000 barrels a day," the oil company announced in a statement late Wednesday. The statement didn't mention whether the full cut is now in effect or if it will be implemented gradually.
The company has already informed its foreign oil company partners in various projects as well as its clients of the needed cut, the statement added.
The cut will mean that PdVSA will "be unable to supply the usual amount" to the Chalmette and Sweeny refineries in the U.S.
-By Raul Gallegos, Dow Jones Newswires; +58-414-120-5738; raul.gallegos@dowjones.com
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Publié le 07 janvier 2009 Copyright © 2009 Dowjones





