HOUSTON, June 25 (Reuters) - Venezuela's state oil
company PDVSA has begun using tankers that navigate off radar to
supply its closest political ally, Cuba, as a fleet of
state-owned vessels that have historically covered the route
dwindles, according to documents and ship monitoring services.
Cuba and its main oil supplier, Venezuela, for over a decade
had exclusively used their own tankers to navigate between the
two countries.
Delayed maintenance, however, has taken some ships out of
service and the emergence of Mexico as a new supplier to Cuba
using some of the same vessels have the two revamping routes to
get desperately needed crude oil and fuel to the island.
A large portion of tanker fleets owned by Venezuela and Cuba
are under U.S. sanctions, which also limits their travel.
Operated by third parties, dark fleet vessels often lack western
insurance and send false location signals to disguise their
movement.
PDVSA in June began co-loading crude and fuel oil cargoes
that deliver a portion in Cuban waters, and from there depart to
destinations in Asia to discharge the remaining volume,
according to company shipping documents.
The vessels spoof their signal, making them look elsewhere
in the Caribbean while they are discharging in Cuba, often by
ship-to-ship transfers, according to monitoring service
TankerTrackers.com and a satellite photo by Planet Labs seen by
Reuters.
One of the vessels, the Panama-flagged Neptune 6, was last
week near Cuba's Nipe Bay transferring Venezuelan heavy crude
and fuel oil to Cuba-flagged vessel Esperanza, according to the
documents and photo, analyzed by TankerTrackers.com. The ship's
transponder is signaling a location north of Curacao since late
May, according to LSEG data.
PDVSA and the foreign affairs ministries of Venezuela
and Cuba did not provide comment. It was not immediately clear
if the use of third-party vessels to supply Cuba is temporary.
IN NEED OF BARRELS
The extra vessels could help boost Venezuela's oil supply to
Cuba, which so far this year is at 27,000 barrels per day (bpd),
compared with 51,500 bpd in the same period of 2023.
The covert help comes as demand for electricity produced
by oil-fired plants soars during sultry Cuban summers.
Blackouts that were occasional in Cuba have become routine
as imported supplies are limited and logistical issues
complicate domestic fuel distribution to its aging power plants.
Cuban energy officials also have said workers are tuning up
and providing maintenance to power generating plants ahead of
the high-demand summer season, and hope the coming months will
see fewer blackouts.
Cuba has not been able to fully recover its oil storage
capacity since a devastating fire destroyed a portion of the
island's largest oil terminal, Matanzas. The lack of tanks
forces suppliers to transfer cargoes to other ships used for
floating storage by Cuba.
In May, Mexico's state company Pemex resumed oil shipments
to Cuba after a three-month pause in the same vessels used to
ship oil from Venezuela, Reuters reported.