PDVSA risks losing Curacao on failure to invest: Fuel for Thought

26 Sep

PDVSA risks losing Curacao on failure to invest: Fuel for Thought">PDVSA risks losing Curacao on failure to invest: Fuel for Thought

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The failure of Venezuelan state-owned oil company PDVSA to live up to its contractually obligated investments in Curacao’s Isla refinery has come back to bite them and they now risk losing it to China, which has stepped up to the plate with its own plan.

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