Venezuela's supply of hydrocarbons to the United States fell
in September amid reduced shipments of oil byproducts, said
the Energy Information Administration, the statistical arm
of the US Department of Energy.
Just like in the rest of this year, Venezuelan sales of oil byproducts to the United States decreased in September, from 192,000 bpd to 179,000 bpd, a 6.7 percent decline. So far this year, Venezuelan shipments of oil byproducts have plunged 22.2 percent, from an average of 296,000 bpd in January-September 2006 to 230,000 bpd in the same period this year.
The environmental standards the US has been implementing have hit the volume of Venezuelan shipments of byproducts. However, high domestic consumption of fuels has eaten up a large part of the barrels formerly earmarked for export.
Unlike the sales of oil byproducts, crude oil shipments soared 0.7 percent, from 1.13 million bpd to 1.14 million bpd in August-September. In this way, Venezuela kept is position as the fourth largest supplier of crude oil to the United States, after Canada, Saudi Arabia, and Mexico.
So far this year, Venezuela's hydrocarbon (crude oil and byproducts) sales to the United averaged 1.35 million bpd. This represents a 7.2 drop compared to the same period in 2006.
In parallel, Venezuela has expanded hydrocarbons exports to China. Based on the figures disclosed by state-run oil giant Pdvsa, in September crude oil sales to China recorded an unprecedented 359,000 bpd. In 2008, the goal is 500,000 bpd.
US-CUBA Venezuela's President Nicolás Maduro told on Wednesday to his Cuban counterpart, Raúl Castro, that Venezuelans were very happy with the reestablishment of diplomatic relations between Cuba and the United States after 53 years, according to a communiqué released by the Venezuelan Foreign Office.
DIPLOMACY As the United States and Cuba resume their diplomatic relation, the Venezuelan government one of the main partners and allies of the Caribbean country is forced to conduct damage control and to refocus its relation with the US, according to analysts.
US-CUBA Restored diplomatic relations between Cuba and the United States "moves the floor" for the policy of Venezuelan President Nicolás Maduro, who could be forced to restate his wording, analysts told AFP on Wednesday.