Venezuela’s main refining complex, hobbled by a lack of oil and maintenance issues, is down to operating at about a third of its 955,000-barrel-per-day capacity, according to a union official and documents from the state-run oil company PDVSA. The Paraguana Refining Center, home to the Amuay and Cardon refineries along Venezuela’s western coast, has reduced output repeatedly in recent months, contributing to intermittent fuel shortages in the South American OPEC nation. PDVSA had planned for Paraguana to process 385,000 bpd this month, according to internal company documents seen by Reuters. But it is currently operating at 34 percent of capacity and output is likely to come in well below the October target. The complex had been operating at 42 percent of capacity in August. Low utilization rates at several refineries in Venezuela and Mexico could raise the prospects for higher U.S. fuel exports, according […]