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Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby 88sins » September 2nd, 2020, 8:25 am

pugboy wrote:who buying that oil or doing the job and not subject to uncle same sanctions ?

Vladimir might be interested

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby Redman » September 2nd, 2020, 9:36 am

pugboy wrote:who buying that oil or doing the job and not subject to uncle same sanctions ?


I would bet that is an important part of the dynamic.

This is being positioned as a direct result of the sanctions-what else to do with 1.4M BBLS of Vene crude??

So lets see how its dealt with

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby screwbash » September 2nd, 2020, 11:55 am

dem sure it full of oil ?? next ting it full of venez

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby Ben_spanna » September 2nd, 2020, 12:05 pm

I say the vene gobbment should tow it to their nearest shorline and literally almost beach it and anchor it there,,, cant sink no more that way....

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby Redman » September 2nd, 2020, 2:05 pm

On average taking to account all the different qualities a safe number to use is a 10 USD discount to Brent.

So thats a $35+ USD per BBL at todays market.

Leave 35M USD anywhere on this planet- somebody will be willing to go get it

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby sMASH » September 2nd, 2020, 2:28 pm

It's a good ting tnt has close political ties to Venezuela, so this threat to our coastal ecosystem can get sorted readily.

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby shotta 20 » September 2nd, 2020, 2:56 pm

screwbash wrote:dem sure it full of oil ?? next ting it full of venez



Trojan horse bizness

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby pugboy » September 2nd, 2020, 3:10 pm

they don’t even have fuel to send boat to collect the deportees from staubles on a regular basis
delcy and then using all the iranian fuel for their personal cars

Ben_spanna wrote:I say the vene gobbment should tow it to their nearest shorline and literally almost beach it and anchor it there,,, cant sink no more that way....

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby Redress10 » September 3rd, 2020, 12:24 am

sMASH wrote:It's a good ting tnt has close political ties to Venezuela, so this threat to our coastal ecosystem can get sorted readily.


What close ties? Alluh jokey yes.

I don't get what the big deal is. The cargo is in Venezuwla waters. This is their issue. Better hope they sort it out before it affects us.

Trinis pretending to be relevant again.

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby sMASH » September 3rd, 2020, 12:27 am

if it leaks it would damage the ecosystem, that is common to both countries. and that will take decades to recover... after clean up.
in this case, an ounce if prevention is worth a metric tonne of cure.

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby Redress10 » September 3rd, 2020, 12:39 am

sMASH wrote:if it leaks it would damage the ecosystem, that is common to both countries. and that will take decades to recover... after clean up.
in this case, an ounce if prevention is worth a metric tonne of cure.


I think the only option we have is to buy and secure the cargo. Goodluck with that with sanctions etc. Think Aboud wrote to US ambassador. Not sure what decade he living in.

But like I said, the cargo is in their waters so unless we breach sovereignty to secure it then there's very little we can do realistically. This is norhing more than "news". Nothing actionable can take place from our side realistically.

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby sMASH » September 3rd, 2020, 12:43 am

really, this ball is totally in maduro court.

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby Redress10 » September 3rd, 2020, 1:08 am

You think Maduro cares abt the odd 1 million barrels of oil anchored in the GOP? You know the distance from Mira Flores to that tanker? That news not even gonna make headline news in Venezuela. You think that is the only deteriorating oil asset in Venezuela? Steups

Some of alluh really believe that ppl don't have other more important matters to focus on. The ppl that spill will affect, the venezuelan gov't prob don't even care about. Venezuela is a huge place.

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby Redman » September 3rd, 2020, 7:18 am

Do we actually have an accurate assessment of the vessels condition?

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby maj. tom » September 3rd, 2020, 9:19 am

September 3, 2020
The Venezuelan-flagged Nabarima is a 264-metre long ship believed to be almost filled to its capacity of 1.4 million barrels of crude — about five times the amount the Exxon Valdez spilled in 1989.

An industry executive, who spoke to The Associated Press on the condition of anonymity for fear of retaliation, said the lack of maintenance appeared to have damaged valves in the ballast system used to stabilise the ship.

Today it dangerously leans more than 5 degrees on its right side, the executive said. Shipping tracking data shows that it has also sunk 14.5 metre, right at the waterline, a sign of excess weight.

“Nobody’s paying attention to this situation,” Girot said in a phone interview from his base in Barcelona, Venezuela. “If this oil remains in this ship we run the risk of a tragedy and ecological catastrophe at any moment.”
https://www.smh.com.au/world/south-amer ... 55rwj.html

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby Dizzy28 » September 3rd, 2020, 10:51 am

PDVsa say they going to empty the ship and then repair it
Hope this is true
Venezuelan state-owned PdV is preparing to transfer around 1.15mn bl of crude out of a listing floating storage unit so it can be refloated and repaired, senior oil ministry and PdV officials in Caracas told Argus.

The Venezuela-flagged Nabarima, a small double-hull VLCC built in 2005, has been moored at the Corocoro field in the Paria Gulf where it is used to store crude from PdV's PetroSucre joint venture with Italy's Eni.
https://www.argusmedia.com/en/news/2137 ... orage-unit

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby K74T » September 3rd, 2020, 8:07 pm

FB_IMG_1599178035655.jpeg


The Ministry of Energy and Energy Industries (MEEI) continues to closely monitor the developing situation with regards the Venezuelan FSO NABARIMA. As stated earlier in the MEEI’s press release on September 2nd, 2020, the NABARIMA stores crude produced from the COROCORO field which is operated by a Joint Venture (PDVSA 74% ENI- Italian Multinational 26%).
Production is normally stored in the FSO for transshipment by oil tankers for export. This transshipment has stopped since the US sanctions. The FSO is now filled to capacity (1.3 million barrels of oil). Initial reports from the Venezuelan authorities indicated that the vessel was upright and in a stable condition. There was no risk of an oil spill. Additionally, it is a double hull vessel, which should provide protection from spillage in the event that the vessel sinks.
Recent reports from the national press has stated that the vessel has tilted 5 degrees to the right and that it has sunk 14.5 meters at the water line. An ARGUS report dated September 2nd quotes a statement from ENI, the Italian Multinational energy company who has minority interest in the field. The report indicated that the FSO is stable and that the recent water leak has been solved. The report further stated that plans are afoot to transfer the crude oil to another vessel to further stabilize the FSO and that there is no risk of an oil spill.
The MEEI has initiated official communication to get independent verification of the status of the vessel from the Venezuelan authorities in addition, the MEEI, through the Venezuelan Embassy in Trinidad and Tobago, has offered any assistance, technical or logistical, to the Government of Venezuela that it may require in this matter. Additionally, the Minister of Energy is in contact with his Venezuelan counterpart for further updates as they become available.

The Nation needs to be reminded that Venezuela is a sovereign state and Trinidad and Tobago cannot unilaterally enter Venezuelan territory to conduct any reconnaissance or other works without being invited to so do. There exists a bilateral agreement between Venezuela and Trinidad for an oil spill contingency plan, in the event that a genuine risk exists or an active spill occurs. This agreement will guide the action of the Government of the Republic of Trinidad and Tobago.
For more information, please contact Senior Communications Officer Choy Felix at cfelix@energy.gov.tt or via cell at 1-868-784-2469

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby Blaze d Chalice » September 3rd, 2020, 8:49 pm

Nobody bawl how that was stolen from Naparima and the "p" fall out and they stick it back upside down?

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby gt4tified » September 11th, 2020, 9:26 am

What's the latest update on this? Anyone knows???

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby The_Honourable » September 26th, 2020, 11:48 am

Venezuela’s broken oil industry is spewing crude into the Caribbean Sea

CARACAS, Venezuela — The sun had risen over the Caribbean Sea when Frank González spotted "the stain" — an oil slick on the water that stretched for miles.

“The sea looked like butter, because of the thickness of the water,” said González, a fisherman who saw the spill this month while working off the coast of Venezuela’s Falcón state. “It was painful to see.”

Venezuela’s once powerful oil industry is literally falling apart, with years of mismanagement, corruption, falling prices and a U.S. embargo imposed last year bringing aging infrastructure to the brink of collapse. As the government scrambles to repair and restart its fuel-processing capacity, analysts are warning that ruptured pipelines, rusting tankers and rickety refineries are contributing to a mounting ecological disaster in this failing socialist state.

Oil workers say the gushing crude soiling the coast of Falcón state this month came from a cracked underwater pipeline linked to attempts to restart fuel production at the aging Cardón refinery. Not far from the oil slick, fishermen say, is a jetting geyser of natural gas from a second broken pipeline.

“The gas leak looks like a boiling pot about to explode,” González said.

The leaks are the latest in a spate of oil industry troubles that have alarmed environmentalists here. They include a recent oil spill that has jeopardized corals and rare marine life off sensitive Morrocoy National Park, and a rusting vessel in the Gulf of Paria that observers call a ticking ecological time bomb. Analysts see a growing risk of more and larger spills in a country that has already suffered years of damage from broken wells and abandoned oil fields.

“Our fear is that as they try to fix and restart these refineries and oil centers, we’re only going to see more of this,” said Cristina Burelli, international liaison for SOSOrinoco, a nonprofit focused on environmental damage in Venezuela. “More underground oil pipelines are blowing up. The whole system is corroded and falling apart.”

Image

A rash of gold mining — much of it illegal — has contributed to a surge of pollutants in the Venezuelan interior, endangering the important ecosystem at Canaima National Park, a UNESCO World Heritage site. And illicit logging has jeopardized rainforest. But in this OPEC nation that sits on the world’s largest proven oil reserves, the biggest driver of environmental damage is the crumbling energy sector.

Particularly in recent years, a lack of spare parts, a brain drain of technicians and widespread corruption have crippled oil production and fuel refineries, making environmental accidents more common. Between 2010 and 2016, the state oil giant PDVSA was responsible for more than 46,000 spills of crude and other pollutants, according to the Caracas-based human rights group Provea.

In the Connecticut-size Lake Maracaibo, thousands of wells now stand broken and useless, with raw crude and natural gas bubbling visibly to the surface. In 2016, the last year data was available, state engineers estimated that tens of thousands of gallons of oil were seeping into the lake each month.

The U.S. embargo on Venezuelan oil has deepened the industry’s woes. The country lacks the capacity to process much of its sludgy product. When it sent crude to the United States, it got back refined gasoline. The end of that system has worsened severe fuel shortages. The need to store extra crude that Venezuela cannot sell under the embargo, as well as the government’s attempts to revamp and restart old refineries to increase domestic fuel production, appears to be driving the recent spills, analysts and oil workers say.

The country’s diplomatic isolation has exacerbated the problem. The United States and more than 50 other countries consider President Nicolás Maduro a usurper; they recognize National Assembly President Juan Guaidó as the country’s rightful leader.

Unlike Mauritius, which recently called for international aid after a Japanese tanker spilled more than 1,000 tons of oil off its pristine coast, the Venezuelan government has few friends to turn to — and so has largely downplayed the spills.

“It breaks my heart,” said Julia Alvarez, a marine biologist here. “This is an ecological crime.”

Analysts began monitoring the first of the recent spills in August.

Eduardo Klein, director of the Remote Sensors Laboratory in the department of environmental studies at Simón Bolívar University, used satellite images to document a massive oil slick washing up on the beaches of Morrocoy National Park, a sensitive ecosystem of corals, sponges and sea turtles on the Caribbean coast. The images, he said, suggested the spill originated at a refinery in Carabobo state.

“It can be seen without a doubt that there is a very large stain in front of El Palito refinery,” he said. “There is no way this stain had any other origin.”

Klein estimated the spill at 26,000 barrels of oil over 135 square miles, the largest in the area in at least 20 years.

According to local news reports, El Palito refinery suffered a failure at the end of July, when workers tried to reactivate it in an effort to refine fuel. Ivan Feites, an oil union board member, said the facility’s compressor pumps, turbines and pipes remain severely damaged.

“That’s what causes spills every time they try to restart the refinery,” Feites said. “The refinery doesn’t work and can’t produce fuel. It’s like a piece of cardboard that easily breaks.”

The Venezuelan government has not acknowledged the origin of the spill, but said in a statement last month that Morrocoy’s animal and plant life had not been damaged. The National Assembly has opened an investigation; opposition officials have suggested that the refinery’s waste pit might have overflowed because of heavy rains and a lack of maintenance.

The Venezuelan government did not respond to a request for comment.

On the other side of the country, analysts and oil workers are growing increasingly concerned about the FSO Nabarima, a rusting vessel laden with 1.3 million barrels of crude that is taking on water in the Gulf of Paria. They fear the floating storage and offloading unit is at risk of sinking and creating a major environmental disaster in the Caribbean Sea.

Eudis Girot, head of the anti-government Unitary Federation of Petroleum Workers of Venezuela, posted photos on social media showing what he described as the ship’s already flooded engine room. In a video posted to social media, he begged Maduro to intervene.

“Take a helicopter,” he said. “Go out there. Do your own inspection.”

PDVSA confirmed the most recent oil spill, near its Cardón refinery. The oil giant said this month that the leak occurred in an underwater pipeline and cleanup was underway.

González, who grew up fishing with his uncle on the coast of Falcón, said he and other fisherman worry the spill will ruin their livelihoods. Environmentalists, meanwhile, say it could affect populations of dolphins, crocodiles, seabirds and green turtles.

“We have never seen a spill like this,” said González. “For years, no one has come to do maintenance on the refineries. Now it turns out that they are polluting everything with oil, and nobody seems to care.”

Source: https://www.washingtonpost.com/world/th ... story.html

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby Val » October 4th, 2020, 9:54 am

It sink yet?

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby Duane 3NE 2NR » October 4th, 2020, 2:26 pm

Val wrote:It sink yet?

Not seeing any recent updates
Most news reports were from a month ago
Up to 15 days ago it was still in the same position
https://www.vesselfinder.com/?imo=9316567

Screenshot 2020-10-04 at 2.26.05 PM.jpg

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby redmanjp » October 4th, 2020, 9:43 pm

wondering if the 5.2 quake might increase the risk

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby Duane 3NE 2NR » October 15th, 2020, 11:39 pm

Saw this sharing on socials
Can anyone confirm?

Image

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby agent007 » October 15th, 2020, 11:44 pm

Just now I might have to drive all the way to las quevas to buy my fish.

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby d.d.s. » October 16th, 2020, 12:09 am

Duane 3NE 2NR wrote:Saw this sharing on socials
Can anyone confirm?

Image
https://m.facebook.com/story.php?story_fbid=930323547371100&id=100011803891670&anchor_composer=false

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby abbow » October 16th, 2020, 8:46 am

If this is allowed to continue listing and eventually spilling into the gulf....it will be squarely placed on the irresponsibility of the government. The world is fighting climate change while we sit idle and watch this unfold....

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby Ben_spanna » October 16th, 2020, 10:58 am

send a fleet of tugs boats and push or tow it to the closest venezuela coast line where it can be grounded so it cant sink... if Venezuela wont look after its own crap then we have to step up , or i wonder how they would feel if we sent a few storage vessels tankers to pump out the oil and keep it for our own usage?

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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby redmanjp » October 16th, 2020, 2:20 pm


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Re: Venezuelan floating storage with 173K tons of oil is sinking in Gulf of Paria

Postby Lou Screuz » October 16th, 2020, 4:02 pm

Redress10 wrote:
sMASH wrote:It's a good ting tnt has close political ties to Venezuela, so this threat to our coastal ecosystem can get sorted readily.


What close ties? Alluh jokey yes.

I don't get what the big deal is. The cargo is in Venezuwla waters. This is their issue. Better hope they sort it out before it affects us.

Trinis pretending to be relevant again.


and besides

if the worst happens

we could always blame KAMALA for it

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