Venezuelan oil company PDVSA’s inability to pay bills has left more than 4m barrels of crude and fuel stuck on tankers off its coast.
This is according to internal documents and Reuters data.
In a suffering domestic economy, debt-laden PDVSA has not been able to meet hull-cleaning, inspection and port fees.
Around 12 ships are stranded, delaying loading and discharging operations.
Reuters said tankers carrying 1.4m