Venezuela gas complex blast hits heavy crude dilution; power production: report
Production of light crude, upgraded heavy oil and natural gas in Venezuela's eastern fields will be severely compromised until at least February after an explosion and resulting fire destroyed a network of gas pipelines and high-pressure pipes at the country's Muscar gas complex, according to a preliminary damage report from state oil and gas company PDVSA and an official with the company.
"This accident has been qualified as 'catastrophic,' because it destroyed strategic PDVSA gas and oil production infrastructure," said the PDVSA official, who spoke on condition of anonymity.
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Catastrophic destruction of PDVSA infrastructure
Re: Catastrophic destruction of PDVSA infrastructure
Most of the people in Venezuela live in poverty thanks to their corrupt government.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group