Venezuela oil supply at risk

Several gas stations have run out of petrol because of the political crises in the country. According to the former Venezuelan deputy energy minister, the country with the world's largest oil reserves can no longer satisfy its own demand.

Photo by: Reuters (Archive)
Photo by: Reuters (Archive)

PDVSA's El Palito refinery is seen in Puerto Cabello, 150 miles (241 km) west of Caracas, September 23, 2009.

Venezuela may have the world's largest oil reserves — but over the past few months, gas stations there have had to close because of a lack of fuel.

That's adding extra stress to Venezuelans, who are already struggling to cope with food and medical shortages, and triple-digit inflation.

TRT World's Anelise Borges has more on oil's role in the country's past, present and future. 


TRTWorld and agencies