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PDVSA to offer heating oil storage.

The Oil and Gas Journal

| September 25, 2000 | COPYRIGHT 2003 PennWell Publishing Corp. (Hide copyright information)Copyright

Venezuela's state oil company is offering some respite in the US heating oil supply crunch.

PDVSA is offering to let the US use its Freeport, Bahamas, terminal to store heating oil against possible supply shortfalls this winter. The firm said in April it plans to sell the facility (OGJ Online, Apr. 17, 2000).

PDVSA Pres. Hector Ciavaldini visited Washington, DC, and New York last week to discuss opportunities for cooperation between Venezuela and the US. He plans to meet with DOE …

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