- Oil and Gas Investing News - http://oilandgasinvestingnews.com -

PDVSA may drop Curacao refinery lease

March 1, 2010 @ 9:16 pm In Oil & Gas Company News

Venezuelan oil company PDVSA is reported that it may withdraw from the 320,000 barrel-per-day Isla refinery it operates in Curacao to protest U.S. military operations on the Caribbean island.

The press release is quoted as saying:

PDVSA has operated the Isla refinery since 1985 under a long-term lease with the government of Curacao, a Dutch island 40 miles (65 km) north of the Venezuelan coast. The Isla refinery processes mostly Venezuelan crude oil, and PDVSA has in recent years tried to negotiate a purchase of the plant from Curacao's government.

Click here to access the entire press release [1]


Article printed from Oil and Gas Investing News: http://oilandgasinvestingnews.com

URL to article: http://oilandgasinvestingnews.com/118-pdvsa-may-drop-curacao-refinery-lease.html

URLs in this post:

[1] Click here to access the entire press release: http://www.reuters.com/article/idUSN27189447

Copyright © 2010 Oil and Gas Investing News. All rights reserved.