rss icon Subscribe
desktop mobile

PDVSA Oil Port Paralyzed by Another Blackout

Venezuela's main oil export port of Jose and the country's four crude upgraders have been unable to resume operations following a massive power blackout on Monday, according to industry workers and a union leader close to the facilities.

The most recent oil shipment for export, on the carrier Dragon chartered by Russia's Rosneft, left Jose, which is owned by state-run PDVSA, on March 24, according to Refinitiv Eikon vessel-tracking data and PDVSA's trade documents.

"There is no electricity, everything is paralyzed," oil workers' union leader Jose Bodas told Reuters on Tuesday.

The blackout, Venezuela's second major power outage in a month, left streets mostly empty in the capital Caracas as school and work were canceled.

President Nicolas Maduro's government again blamed the outage on an "attack," which comes amid a power struggle with the opposition and tensions with the United States.

Local experts and electrical engineers told Reuters both the current outage and a prolonged blackout that began March 7 were due to years of underinvestment and lack of maintenance.

Several electricity transmission lines were affected this time, halting power at PDVSA's oilfields, upgraders and terminals, according to one of the sources. The total effect of the outage on the company's operations is unclear.

Neither PDVSA nor Venezuela's oil ministry immediately responded to requests for comment.

PDVSA's four crude upgraders in the country's Orinoco Belt, capable of converting up to 700,000 barrels per day (bpd) of extra heavy oil into exportable crude grades, are operated along with U.S. Chevron, Norway's Equinor, France's Total and Rosneft.

"We tried to restart operations last night, but for now only emergency staff are working there," an upgrader worker said.

The blackout earlier this month also interrupted oil exports at Jose, the lifeblood of the OPEC nation's economy, eroding total export volumes and causing delays in loading and discharging oil.

Another PDVSA worker, who spoke on the condition of anonymity because they were not authorized to speak publicly, said the port had been evacuated around 2 p.m. local time on Monday.


Reporting by Mircely Guanipa and Marianna Parraga

Mar 26, 2019

 

Tankers

Shipping Giants May Miss Climate Targets

Pic:  CDP

A new report says shipping companies failing to push for the critical technologies required to

US official: United States Building Maritime Security Coalition for Gulf

The United States is building a coalition with its allies to protect Gulf shipping lanes by having "eyes on all shipping", a senior U.S. State Department official said on Monday

BIMCO: VLCC Freight Rates from Gulf to China Doubles

Chart: BIMCO

VLCC spot freight rates between the Arabian Gulf and China rose 101% in the days between June 13

Ports

ASPA Names Richard Clark as Dep. Director

Image: Alabama State Port Authority

The Alabama State Port Authority (ASPA) announced that maritime executive Richard T.

OOCL Chooses Navis StowMan

Pic: Navis

Hong Kong-based container shipping and logistics service company Orient Overseas Container Line

Box Ship Rescues 6 in the Gulf of Aden

On June 20, 2019, Ocean Network Express (ONE) operated vessel, NYK EAGLE, was involved in a combined rescue operation involving Combined Maritime Forces (CMF)

Maritime Apps