Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs Venezuela

Venezuela arrests 7 suspects for fuel smuggling

byCustoms Today Report
14/09/2015
in Venezuela
Share on FacebookShare on Twitter

You might also like

Vietnam bumps Thailand down to third place in survey of interest among Japanese businesses

10/03/2018

Lufthansa to suspend flights to Venezuela from June 17

29/05/2016

CARACAS: Three vessels suspected of smuggling subsidized fuel from Venezuela’s refinery-rich Paraguana peninsula were detained by the country’s navy, a local commander said.
Seven people had been arrested for allegedly attempting to smuggle diesel in a tanker owned by state oil company PDVSA.
Admiral Andres Gomez, commander of a local navy unit, confirmed tanker Negra Hipolita was found with an excess load of 50,000 barrels of diesel fuel at the Cardon refinery.
Two additional vessels, both from Panama, were detained last week by the Venezuelan navy, also on smuggling suspicions, Gomez added. It was not immediately clear when they were apprehended.
PDVSA did not immediately respond to requests for comment.
An entire tank of heavily-subsidized gasoline in Venezuela costs less than one U.S. cent at the black market exchange rate, fomenting lucrative smuggling to neighboring countries, where it sells for near international market prices.
Vessel Mario G, chartered by PDVSA, was detained at the Amuay oil refinery with an excess of 1,018 barrels of fuel, worth over $186,000, said Gomez.
Paola Valentina, meanwhile, was detained for carrying 4,000 liters of gasoil without the correct invoices, among other anomalies, he added.
Nine people were detained, seven in the case of the Negra Hipolita.
The arrests come as President Nicolas Maduro seeks to crack down on smuggling in contraband-rife Venezuela. He has closed several busy border crossings with Colombia in recent weeks.
The closures have cut fuel consumption in the western border states of Tachira and Zulia by seven million liters per day, according to PDVSA president Eulogio del Pino.
Stella Lugo, governor of the state of Falcon where the three vessels were detained, said she would present a security plan to Maduro to combat smuggling in the coastal area.
Authorities in January arrested an oil ministry official charged with overseeing the domestic fuel market for alleged irregularities associated with gasoline distribution.

Tags: Venezuela arrests 7 suspects for fuel smuggling

Related Stories

Vietnam bumps Thailand down to third place in survey of interest among Japanese businesses

byCT Report
10/03/2018

HANOI: Interest in Vietnam among Japanese companies continues to grow, boosting the Southeast Asian country to the second spot, right...

Lufthansa to suspend flights to Venezuela from June 17

byCT Report
29/05/2016

FRANKFURT: German airline Lufthansa said Sunday it will suspend flights to Venezuela from next month owing to the economic crisis...

Venezuela’s economy fell by 4.5% in 9 months

byCT Report
16/01/2016

  CARACAS: The Venezuelan economy shrank by 4.5 per cent in the first nine months of 2015. The central bank,...

Venezuela economy head calls for creativity as oil hits new low

byCT Report
09/01/2016

CARACAS: Venezuela’s new economy minister, who has argued that inflation doesn’t exist “in real life,” said policies to be announced...

Next Post

Apple’s iPhone 6S will double up with 2GB of RAM

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.