Madrid/Cuba received this August a Average 29,000 barrels per day (BPD) of Venezuelan crude, an amount slightly below which the preceding month (31,000 BPD) arrived, although still far from what stipulated in the agreements signed 25 years ago by Hugo Chávez and Fidel Castro. In addition, it is half of what the PDVSA state oil company sent to the US this month.
The respite that Washington has given when issuing a partial license for Chevron to operate in Venezuela and export its oil has allowed PDVSA to exceed 900,000 barrels per day, the largest volume of the year. The White House In July the granting of this “restricted” authorization of which there are no details, although one of the conditions to use it is that money from the sale of oil cannot be transferred to the Government of Nicolás Maduro, something very complex to guarantee. In total, 60,000 BPD of Venezuela arrived in the US.
In total, 60,000 BPD of Venezuela arrived in the US.
This, together with the increase in exports to China – which monopolized 85% of the country’s crude oil departures – has left record figures for PDVSA coffers. The amounts of oil and their derivatives also shot, since Venezuela exported about 275,000 metric tons, compared to 227,000 tons sent in July. On the contrary, the country had to increase the importation of light and gasoline oil, which requires to dilute its extrapeted oil and produce exportable crude, and went from July 58,000 BPD to 99,000 BPD.
According to Reuters, which facilitates this data monthly, “the stability of production and the absence of interruptions in crude oil improvers and the mixing of the Orinoco belly” were other factors that made inventories and exports grow.
The data arrive in the middle of the strong tensions between the US and Venezuela, which rose level this Tuesday with an alleged naval attack on a narcolanche in Caribbean waters. Despite this, oil businesses are still standing and, as planned by Chevron executive, Mike Wirth, in August he began to flow “a limited amount of oil” whose positive economic impact awaits the company for the results of the third quarter.
Venezuela exported about 275,000 metric tons, compared to 227,000 tons sent in July
Although Cuba has not received for months the amounts provided for in the agreements with Caracas, Miguel Díaz-Canel himself He commented that there was between the two governments an “formula” not revealed – “so that they do not pursue it” – through which to continue cooperation. According to some analysts, one of the solutions could be triangular agreements with Mexico. The country has exported high amounts of crude to Cuba in the last two years –It is estimated that by value of 1,000 million of dollars so far this year – through a subsidiary of the state of Pemex, Gasolinas Verio de CV, which states that the US laws are fulfilled to Cuba. Until now it is not known whether it is a donation, sale, barter or if Venezuela pays something to Mexico to compensate for the missing in PDVSA shipments to the island.
Although oil does not stop flowing to the island, the blackouts persist and the electrical deficit seems to increase vertiginously, having already naturalized that it is much greater than the 1,500 megawatts daily – calling to exceed 2,000 this summer, equivalent to more than 50% of the national demand. “The considerable increase in demand for high temperatures and the output of generating units due to breakdowns and fuel shortage are the determining factors so that the generation deficit effects in the country are higher than planned,” he said Granma This Wednesday in information dedicated to the country’s energy situation.
Although oil does not stop flowing to the island, the blackouts persist and the electrical deficit seems to increase vertiginously
Although on Tuesday they returned to the National Electrical System (SEN) Energas Jaruco and the Unit 5 of Antonio Maceo (Renté), of Santiago de Cuba – whose previous failure a worker worked who suffered a work accident That left serious burns – three more units were damaged (3 and 6 of Felton and 2 of Felton), in addition to being two others in “prolonged maintenance” (2 of Santa Cruz del Norte and 4 of Carlos Manuel de Céspedes, in Cienfuegos). For more Inri, the pre -capital maintenance that will receive the largest thermoelectric of the island, Antonio Guiteras, of Matanzas, which is calculated by the end of the year has begun.
However, Lázaro Guerra Hernández, director of Electricity of the Ministry of Energy and Mines, attributed the majority of the deficit to the lack of fuel and lubricants, so they stopped contributing 703 MW, a situation that is repeated day after day.
In the midst of this situation, Work advances at the Matanzas Superanqueros Base Thanks to China. This Monday it was announced that a group of experts from that country placed the tank 49-1 dome-with the capacity to store 50,000 cubic meters), an aluminum cover of 74 meters in diameter and 68 tons.
The works must end in 2026, when the construction of that tank and the 86.87 and 88, which will add 200,000 cubic meters, lost in the fire of August 2022 that left 17 deaths, many of them young people who fulfilled the military service and were sent without experience to quell the fire will be completed.
