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Tankers and Gas Political and Trade Venezuela

Venezuela crisis could give boost to tanker demand

As political turmoil grips Venezuela amid US sanctions on the state-owned oil company, tankers could be boosted by higher tonne-miles as trade lanes shift. But long-term instability will lead to no crude oil being produced or exported

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If the political instability continues, the country’s oil production could end up at zero barrels in two to three years, according to Banchero Costa

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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