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Venezuela sends first oil shipment to India

Venezuela sent two million barrels of oil to India, in the first oil shipment to that country, state-run oil corporation Petróleos de Venezuela SA (Pdvsa) said, as reported by AFP.

Pdvsa "sent a first shipment of two million barrels of oil to India, as part of its market diversification policy under Pdvsa business plan for 2006-2012," the holding said in a press release.

The shipment was sent in VLCC "Venus Glory" from storage and shipping terminal Jose, in eastern Anzoátegui state, to Sikka port, in India, the communiqué added.

The shipment comprises 1.1 million barrels of Merey crude oil (API 16) and 900,000 barrels of Mesa oil (API 30), Pdvsa explained.

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