Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex

News : Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Venezuela's PDVSA confirms oil leak into sea near refinery complex

share with twitter share with LinkedIn share with facebook
09/12/2020 | 10:25pm EDT

Venezuela's state-owned oil company PDVSA on Saturday confirmed an oil leak from an oil line and a gas pipeline into the Caribbean Sea near the largest refining center in the country, but said it had begun repair and cleanup efforts.

PDVSA discovered the spill in the Golfete de Coro area in Falcon state during an aerial inspection, a statement from the company said, adding that despite the leak it guaranteed it will continue to supply crude to the Paraguana Refining Complex (CRP), which includes the Amuay and Cardon refineries.

Both Amuay and Cardon have experienced multiple outages in recent years that the opposition blames on mismanagement and lack of maintenance.

In recent days fishermen and experts had sounded the alarm about a slick in the Golfete area, known for pristine beaches and nature preserves in the northwest of the country.

The incident comes a month after a spill covered swathes of Morrocoy National Park. Authorities say they addressed that oil slick, but have given no details about its size or origin.

Carlos Carmona, a researcher and member of the Venezuelan Ecology Society, said dead fish were found where the Golfete slick was discovered in an area that is home to shorebirds, nesting sea turtles and a black mangrove reserve.

Hit by U.S. sanctions that have exacerbated an acute fuel shortage crisis, Venezuela's government on Friday announced a new fuel distribution initiative and said it was planning new refining projects, without providing further details.

(Reporting by Deisy Buitrago and Tibisay Romero in Valencia; Writing by Sarah Kinosian; Editing by Daniel Wallis)


Stocks mentioned in the article
ChangeLast1st jan.
LONDON BRENT OIL 0.53% 37.86 Delayed Quote.-43.09%
WTI -1.29% 35.72 Delayed Quote.-41.06%
share with twitter share with LinkedIn share with facebook
Latest news "Economy & Forex"
05:51pFrench deficit seen at 11.3% of output in 2020 - minister
RE
05:20pAPI AMERICAN PETROLEUM INSTITUTE : statement on administration memorandum directing an economic analysis of the impact of a federal ban on hydraulic fracturing
PU
05:10pBANCO DE LA REPUBLICA DE COLOMBIA : Juan José Echavarría, informed the Board of Directors of his intention to resign from his position as Governor after completing the four-year period
PU
05:05pMOST COMPREHENSIVE REPORT TO DATE ON WOMEN'S PARTICIPATION IN POLITICAL LIFE IN IRAQ : Challenges and ways to overcome them
PU
04:35pThe long and complex road towards an EU Global Human Rights Sanctions Regime
PU
04:35pThe long and complex road towards an EU Global Human Rights Sanctions Regime
PU
04:35pDELEGATION OF EUROPEAN UNION TO EGYPT : The long and complex road towards an EU Global Human Rights Sanctions Regime
PU
03:32pPortugal reimposes partial lockdown in most of the country
RE
03:25pWORLD BANK : Remarks by Axel van Trotsenburg, World Bank Managing Director, Operations at the 95th Foundation Training Programme at Lal Bahadur Shastri National Academy of Administration
PU
03:22pUK extends 80% wage subsidies as England goes back into lockdown
RE
Latest news "Economy & Forex"