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Mersky

(4,980 posts)
6. Idled Venezuelan floating oil facility under repairs amid environmental concerns - Reuters
Sat Oct 17, 2020, 03:13 PM
Oct 2020

Idled Venezuelan floating oil facility under repairs amid environmental concerns

By Marianna Parraga, Luc Cohen

(Reuters) - An idled floating oil facility off Venezuela’s eastern coast is undergoing repairs, according to a person familiar with the matter, as images showing the crude-laden vessel at an incline have raised concerns about possible environmental hazards.

The Nabarima floating storage and offloading (FSO) facility is operated by the Petrosucre joint venture between Venezuelan state oil company Petroleos de Venezuela [PDVSA.UL] and Italy’s Eni. Petrosucre suspended output shortly after Washington sanctioned PDVSA in January 2019.

-snip-

An Eni spokesperson said on Friday that the company was seeking to offload crude from the vessel, and had requested a “green light” from the United States government “in order to prevent any sanctions risk.”

https://uk.reuters.com/article/us-pdvsa-eni-vessel-idUKKBN2712H5

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