Venezuela Isn’t Importing Gasoline, Oil Minister Says

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Venezuela is not importing gasoline, and the country’s refineries are in “perfect” condition, state radio station RNV reported on its website today, citing oil minister Rafael Ramirez.

The South American country, which has the largest oil reserves in the world, imports gasoline additives to comply with environmental regulations, said Ramirez, who is also president of state oil company Petroleos de Venezuela SA, known as PDVSA.