Curacao seizes PDVSA oil terminal in Dutch Caribbean over dispute

March 20 (Reuters) – Curacao state-owned oil refinery Refineria di Korsou (RdK) on Friday seized an oil storage terminal on the Dutch Caribbean island of Bonaire over a payment dispute with Venezuela’s state-run PDVSA oil firm, a RdK official said in a video statement.

Curacao will seek Dutch court approvals to sell Bonaire Petroleum Corp (BOPEC) and its 10-million barrel storage terminal if no payments are received, said Marcelino de Lannoy, managing director of RdK. (Reporting by Gary McWilliams; editing by Diane Craft)

This post was originally posted on Reuters: Company News – View Original Article

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Have lived and invested in Venezuela full time for the last eight years and visited for each of twelve years prior to that. Studied and closely followed developments in Venezuela since 1996.