Another problem has been added to Venezuela’s growing list of woes: gasoline import shortages that have caused lines at gas stations, Reuters reports , adding that local production has slumped too as the second-largest refinery in the country stopped operating. PDVSA documents and shipping data from Reuters show that imports of fuel and diluents that are necessary to make Venezuela’s extra heavy refinable into fuels have since the start of the month dropped to 86,000 bpd from 225,000 bpd for April as U.S. sanctions bite deeper. At the same time, the Cardon oil refinery, which has been operating at well below capacity even before the sanctions were introduced in January, halted operations because of damage to some of its units, Reuters quoted a local source as saying. Cardon has a capacity of 310,000 bpd but was processing just 115,000 bpd. The news of the refinery suspension and the gas […]