PDVSA presses clients to change trade terms, mulls force majeure - sources


By Marianna Parraga and Deisy BuitragoHOUSTON/CARACAS (Reuters) - Venezuela's state-owned oil firm PDVSA is considering a declaration of force majeure if customers do not accept new contract terms to ease a bottleneck of tankers around its two main export ports, according to three sources familiar with the matter. Venezuela's export terminals have grown overcrowded since U.

S. oil firm ConocoPhillips last month won court orders freezing PDVSA's key Caribbean operations, where the Venezuelan company used to ship large cargoes to Asian destinations.Falling.....

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