Venezuela's supply of hydrocarbons to the United States fell
in September amid reduced shipments of oil byproducts, said
the Energy Information Administration, the statistical arm
of the US Department of Energy.
Just like in the rest of this year, Venezuelan sales of oil
byproducts to the United States decreased in September, from
192,000 bpd to 179,000 bpd, a 6.7 percent decline. So far
this year, Venezuelan shipments of oil byproducts have plunged
22.2 percent, from an average of 296,000 bpd in January-September
2006 to 230,000 bpd in the same period this year.
The environmental standards the US has been implementing
have hit the volume of Venezuelan shipments of byproducts.
However, high domestic consumption of fuels has eaten up a
large part of the barrels formerly earmarked for export.
Unlike the sales of oil byproducts, crude oil shipments soared
0.7 percent, from 1.13 million bpd to 1.14 million bpd in
August-September. In this way, Venezuela kept is position
as the fourth largest supplier of crude oil to the United
States, after Canada, Saudi Arabia, and Mexico.
So far this year, Venezuela's hydrocarbon (crude oil and
byproducts) sales to the United averaged 1.35 million bpd.
This represents a 7.2 drop compared to the same period in
2006.
In parallel, Venezuela has expanded hydrocarbons exports
to China. Based on the figures disclosed by state-run oil
giant Pdvsa, in September crude oil sales to China recorded
an unprecedented 359,000 bpd. In 2008, the goal is 500,000
bpd.
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