Venezuela’s state-owned PDVSA is set to export 955,000 b/d of crude in April, up from 843,000 b/d in March, when several blackouts crippled export infrastructure, according to the company’s monthly export plan. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Asian refiners are taking 786,000 b/d, or 82% of April’s shipments, up from 632,000 b/d or 75% of March’s volumes, with greater placement of Merey 16 heavy crude blend from the Orinoco Belt diluted with light crude, PDVSA said. PDVSA did not find buyers for about 193,000 b/d of the 1.15 million b/d it offered for export in April, compared with available March exports of 1.17 million b/d. Most of the April shipments represent repayment of loans to China […]