Saturday, August 22, 2026
Tankers stack up as Venezuela sells oil faster than its ports can handle- oil and gas 360

Tankers stack up as Venezuela sells oil faster than its ports can handle

(BOE Report) – Venezuela’s dilapidated oil port terminals are imposing a de facto export cap on the country’s resurgent crude production, with tankers having to wait up to 30 days to load because of ageing infrastructure, power outages and quality issues, according to shipping data, sources and documents. The delays are putting roadblocks on a U.S. plan to quickly boost