Venezuela to use St Eustatius terminal to load big tankers to Asia -PDVSA Venezuela's state-run PDVSA will use a terminal owned by U.S. firm NuStar Energy on the island of Saint Eustatius to store crude and load very large crude carriers (VLCCs) going to Asia, after deciding it will no longer rent a facility in the Bahamas, a PDVSA executive said on Friday. PDVSA has been using the Saint Eustatius terminal in the Caribbean since March as a center to store and mix its ...
April 25, 2014 - Reuters via Yahoo! Finance
Exclusive - Venezuela PDVSA expands Caribbean storage, rents NuStar tanks Petroleos de Venezuela (PDVSA), which urgently needs space in the Caribbean to store its oil, has emerged as the renter of tanks owned by NuStar Energy (NYS:NS) on the island of Saint Eustatius, where the Venezuelan state-run company will blend crudes, sources close to the transaction told Reuters. NuStar, a San Antonio, Texas-based pipeline and terminals company, said last month it signed a ...
April 21, 2014 - Reuters via Yahoo! Finance