Curacao move to seek temporary operator to replace Venezuela's PDVSA
Petroleumworld 06 25 2018
The government-owned Isla refinery in Curacao is seeking a company to immediately replace Venezuela's state-run PDVSA as operator of the 335,000-barrel-per-day facility, which has been largely idled due to a lack of crude shipments to the plant, according to a document seen by Reuters on Friday.
The refinery this week sent letters to oil companies and traders offering partnerships for operating the refinery both in the short term and under a new, long-term lease beginning in January 2020, according to a copy of one letter.
“The rapidly deteriorating situation in Venezuela and financial and operational impediments to PDVSA's business activities have presented a near term risk to continued operations of the oil facilities by PDVSA on its own,” the refinery letter said.
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Reporting by Marianna Parraga Editing by Chizu Nomiyama from Reuters
reuters.com 06 22 2018
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