Energy crisis threatens Venezuelan exports of fuel oil and diesel

Venezuela’s need to produce more energy, amid a power crisis, threatens declining exports of fuel oil and diesel, which are used in power generators throughout the country. “From now on, there will be an increase in diesel consumption in shopping malls and other places,” said Jos

Between February and December 2009, the volume of exports of oil byproducts decreased by 17 percent to 389,480 barrels per day, while 500,000 barrels per day were sold in the domestic market, Reuters reported.

The power crisis, which began to appear in 2008 with blackouts in more than half of the country, has worsened since August 2009.

El Universal