Cuba received Venezuelan light oil for the first time in eight months in March, according to shipping documents from government-run PDVSA seen by Reuters.
The eight-month halt had caused Cuba’s Cienfuegos refinery to stop production due to lack of supplies. The Venezuelan company had scaled back export of its lighter grades to the Caribbean in order to use the fuel to dilute heavier grades.
Venezuela – in the middle of its deep crisis – appears to be able to continue to support its overseas cronies. Don’t expect any of them to clamor for human rights and democracy any time soon.