Source: Reuters (via feed)
A unit of India’s refiner Reliance Industries has begun loading a 2-million-barrel cargo of Venezuelan heavy crude oil. The cargo was directly bought from Venezuela’s state-run energy company PDVSA. This information is based on a company document and shipping data reviewed on Monday. The cargo involves Venezuelan heavy crude oil. The loading of the cargo is currently under way according to the data.
BizTrendWire Insight:
This transaction confirms Reliance Industries’ direct purchase from Venezuela’s PDVSA as per documented evidence.
This transaction confirms Reliance Industries’ direct purchase from Venezuela’s PDVSA as per documented evidence.
