Yea. Venezuela owns a bunch of refineries in the US set up specifically to refine their crude because it's not very high quality. At this time in history, any oil is good oil, but it'll cost them a lot to trick someone else into going into business pumping, importing, and refining Venezuelan oil. After all, who wants to expend capital doing business with a country that just nationalized a bunch of perfectly legal corporate assets?
It would be a really big gamble. Maybe China would benefit from such a venture, but I'm not sure who else would think it's all that great of an idea.