& Tobago

Very usefull links


News links




Dow Jones

Oil price



Views and News




Venezuela Hamaca crude cargo dropped in Curacao's PDVSA Bullen Bay

Bullen Bay on the Southwest coast of Curaçao

By Argus

Petroleumworld 10 15 2019

A rare tanker carrying Venezuelan heavy crude unloaded in the Dutch-controlled island of Curacao over the weekend, according to Caribbean shipping sources.

The 155,000t Liberia-flagged Diamondway docked in Bullen Bay on 12 October after departing from the western Venezuelan terminal of Amuay, according to ship-tracking data. The bill of lading indicates that the cargo is Hamaca crude with a quality of 18°API and 0.175pc water, one of the shipping sources said.

The Curacao Port Authority harbor roster indicates that the vessel is scheduled to depart Bullen Bay on 18 October.

Venezuela's national oil company PDVSA (PdV) operates Bullen Bay and the stalled Isla refinery in Curacao under a long-term lease that expires in December. But the company has largely abandoned the facilities this year.

Curacao is part of PdV's once-bustling Dutch Caribbean logistical network . The islands had permitted PdV to store and transship cargoes destined for longer-haul destinations.

When it was operating normally, the Isla refinery processed about 220,000 b/d of Venezuelan crude.

Escalating US oil sanctions on Venezuela and the threat that PdV cargoes and tankers could be seized by the company's creditors as happened repeatedly in recent years have suppressed Venezuelan oil operations in Curacao and other Dutch Caribbean islands.

Curacao's government is currently negotiating a new operating lease with refining and trading company Klesch. The prime minister's office declined to comment on the new cargo.

The tanker now docked at the deepwater Bullen Bay terminal is owned by Eastern Pacific Shipping, headquartered in Singapore. The company could not be reached for comment.

The cargo has raised speculation in Curacao about a possible restart of the 335,000 b/d refinery, which has been mostly off line for about two years because of a lack of feedstock, maintenance and utility services, creating hardship for the island's economy.

But the shipment is more likely to be part of PdV's effort to clear out sanctions-related export bottlenecks at its Venezuelan terminals, a senior PdV official not directly tied to commercial operations tells Argus . Neither PdV nor its Isla refining unit has commented on the cargo.

The Venezuelan oil company has flooded Cuba with crude and oil products in recent weeks, helping to free up storage in Venezuela and allowing heavy oil production and blending operations to restart at partial levels.

Cuba's government is a close political ally of Caracas.


Story from Argus Media / 10 14 2019


We invite you to join us as a sponsor.Circulated Videos, Articles, Opinions and Reports which carry your name and brand are used to target Entrepreneurs through our site, promoting your organization’s services. The opportunity is to insert in our stories pages short attention-grabbing videos, or to publish your own feature stories.




Copyright© 1999-2019 Petroleumworld or respective author or news agency. All rights reserved.

We welcome the use of Petroleumworld™ (PW) stories by anyone provided it mentions as the source.

Other stories you have to get authorization by its authors. Internet web links to are appreciated.

Petroleumworld welcomes your feedback and comments, share your thoughts on this article, your feedback is important to us!

We invite all our readers to share with us
their views and comments about this article.

Write to

By using this link, you agree to allow PW
to publish your comments on our letters page.

Any question or suggestions,
please write to:

Best Viewed with IE 5.01+ Windows NT 4.0, '95,
'98,ME,XP, Vista, Windows 7,8,10 +/ 800x600 pixels

Twitter: @petroleumworld1



Editor & Publisher: Elio Ohep/
Contact Email:

CopyRight © 1999-2019, Paul Ohep F. - All Rights Reserved. Legal Information

PW in Top 100 Energy Sites

CopyRight©1999-2019, Petroleumworld   / Elio Ohep - All rights reserved

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission fromPetroleumworld or the copyright owner of the material.