La crisis en Venezuela abre una vía para que India sustituya el petróleo ruso sancionado
India podría sustituir el petróleo de Rusia por el de Venezuela. Foto: iStock
TL;DR
- US intervention in Venezuela could open an energy security avenue for India by replacing Russian crude imports with Venezuelan oil.
- This move could help India avoid US tariffs threatened by the Trump administration.
- Venezuelan heavy crude (Merey 16) is an ideal technical substitute for India's high-tech refineries, which previously relied on Russian supply.
- Venezuelan crude flows to India were largely halted due to US sanctions reimposed in April 2024.
- The normalization of commercial ties under US supervision would benefit Indian state-owned ONGC Videsh (OVL) by potentially unblocking nearly $1 billion in dividends and debts frozen since 2014.
- OVL could reactivate its stake in the San Cristóbal field, aiming to increase production significantly with new investments.
- This market realignment could negatively impact China, which currently imports a substantial amount of Venezuelan oil through informal channels.