VENEZUELA UPS OIL SUPPLIES. Venezuela has increased oil shipments to Cuba to 80,000-90,000 barrels a day and will make Havana the headquarters for its Caribbean energy operations, Venezuelan Oil Minister Rafael Ramirez said, reports Reuters (April 27, 2005):
Venezuela's state oil company, Petroleos de Venezuela (PDVSA), was scheduled to open an office in Havana, during the visit of President Hugo Chavez. Since 2000, Venezuela has officially been supplying Cuba with 53,000 barrels a day of crude and refined products on very favorable financing terms, and exports have grown since Chavez's consolidation of power. "At the present time, we are sending 80,000 to 90,000 …
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