Exiled Venezuelan oil experts in Texas warn clear rules' are needed before investment returns
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Exiled Venezuelan oil experts in Texas warn clear rules' are needed before investment returns
"Arturo, who was the executive manager of the company's exploration unit and head of the technical team, learned about it from the press. Two decades later, the same city that took him in after his dismissal is receiving the oil tankers that the United States is seizing from Venezuela. The same city that is ready to receive even more crude once as Trump has promised it begins to flow again in Venezuela as it did in the boom years."
"The first of the ships, the Skipper, was intercepted last December while transporting 1.8 million barrels of heavy crude. It was taken to the coast of Galveston, about 50 miles from Houston, where it remains in custody. At over 300 meters in length, it cannot enter the port, so it is anchored offshore. Since then, other vessels have been targeted by the Trump administration in its efforts to block tankers carrying sanctioned Venezuelan crude."
In January 2003 Hugo Chavez ordered massive layoffs at PDVSA that left more than 18,000 people jobless; Arturo, a former executive manager, learned of his dismissal from the press and relocated to Houston. U.S. authorities have seized tankers carrying sanctioned Venezuelan crude, beginning with the Skipper carrying 1.8 million barrels, now anchored off Galveston because it cannot enter port. Other vessels such as the Centuries and the Bella were intercepted or pursued. Houston hosts roughly 60,000 Venezuelans in its metro area, about 20,000 working in the energy sector and many holding senior roles at major oil companies.
Read at english.elpais.com
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