By Reuters Staff
2 Min Read
FILE PHOTO: The logo of the Venezuelan oil company PDVSA and cut-outs depicting oil facilities are seen on a building of the company in Caracas, Venezuela July 21, 2016. REUTERS/Carlos Garcia Rawlins/File Photo
CARACAS (Reuters) - A floating facility off the Venezuelan coast has finished offloading crude stored in it for the past two years due to U.S. sanctions, paving the way for output to resume in an oilfield, an official of the facility’s operator said on Thursday.
Operations to remove crude from the Nabarima floating storage and offloading facility (FSO), anchored in the eastern Gulf of Paria near the maritime border with Trinidad and Tobago, started in December. The crude had been stored there since 2019 when the United States imposed sanctions on Venezuela.
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