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Venezuela: Refinery explosion

At 1:11AM local time, due to a gas leak, Explosion at Venezuela Refinery Kills 19

In recent years, Amuay, along with other major refineries in Venezuela, have experienced chronic operational delays due to accidents and mishaps. Critics say that poses a challenge to President Hugo Chavez’s ambitious plans to sharply increase oil production in coming years.

Detractors from the government attribute many of the problems to insufficient investment into the oil sector as state oil monopoly Petroleos de Venezuela, or PdVSA, diverts large portions of revenue to government social programs that have become iconic under Mr. Chavez’s leadership.

Noticias 24 says there are now 24 dead and more than 50 injured.

Video in Spanish,


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This entry was posted on Saturday, August 25th, 2012 at 10:45 am and is filed under oil, Venezuela. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

2 Responses to “Venezuela: Refinery explosion”

  1. John Says:
    August 25th, 2012 at 1:33 pm

    I read that Venezuela is importing gasoline from the USA because so much gasoline is being smuggled to Colombia.

  2. The Carnival of Latin America and the Caribbean | Fausta's Blog Says:
    August 27th, 2012 at 2:10 pm

    [...] The week’s posts: Venezuela: Refinery explosion [...]