Venezuela tears up pipelines to sell as scrap – Bloomberg

Venezuela tears up pipelines to sell as scrap – Bloomberg

Venezuela’s ability to produce essential gasoline and diesel on its own depends on a single oil game. To exploit it, Nicolas Maduro’s regime is prepared to cannibalize the country’s crumbling energy infrastructure to pay contractors with junk. Unlike the tar-type crude from the Orinoco region of Venezuela, light oil from Monagas state is the only […]

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