Venezuela net importer of gasoline in 2012 because of Amuay refinery fire

Tuesday, May 14th 2013 - 23:13 UTC

Full article 6 comments

Venezuela in 2012 became a net importer of gasoline as a result of escalating problems at its refineries and increasing demand for fuel in its internal market, joining a growing list of countries that struggle with fuel supplies despite ample oil reserves. Read full article

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Troy Tempest
“The company’s 2013 targets show crude and fuel exports dropping by 8% this year. ”

That's ok, Uruguay has been offered the slow-selling high sulphur Diesel with a 'guaranteed' supply.
The price for scarce gasoline and low-sulphur Diesel is much higher, though.

As 'Stevie' suggests though, Hydrogen would be a better option.

That might depress oil prices further, though.

Hmmmm.
May 14th, 2013 - 11:44 pm - Link - Report abuse 0
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bushpilot
Oh for sure, Hugo did great things for his country! Just look at 'em.

I don't know why Sean Penn was the only gringo to see this.
May 15th, 2013 - 02:47 am - Link - Report abuse 0
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Conqueror
Hang on. Wasn't it only the other day that Maduro said he had oil for a hundred years. Best way to always have oil for a hundred years is to be unable to get it out of the ground and refine it. Anyway, so Maduro is importing all this oil and selling it to Uruguay. Anyone want to bet on whether he sells it for the same price at which he bought it?
May 15th, 2013 - 12:30 pm - Link - Report abuse 0
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ChrisR
But no news on getting the refinery up and working again.

I wonder if the Castro brothers are sending some 'engineers' over: that will fcuk it up well and truly.
May 15th, 2013 - 07:56 pm - Link - Report abuse 0
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CJvR
LOL!

I read that as “Venezuela net importer of gasoline in 2012 because of annual refinery fire”.
May 18th, 2013 - 07:56 pm - Link - Report abuse 0
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ChrisR
5 CJvR

So!

It might come true yet!

LOLs
May 18th, 2013 - 09:37 pm - Link - Report abuse 0
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