"Chávez reports gas platform has sunk off Venezuela coast" by Daniel Cancel, Bloomberg | May 14, 2010
CARACAS — President Hugo Chávez said yesterday that a natural gas platform sank off the eastern coast of Venezuela because of a faulty flotation system. The incident comes three weeks after a catastrophic oil rig accident in the Gulf of Mexico....
Chávez is trying to tap offshore gas reserves to power thermoelectric plants amid an energy crisis.
Petroleos de Venezuela, the state-owned oil company, said a failure in the floatation system of the Aban Pearl caused the rig to sink after a “massive’’ inflow of water. Technicians sealed the gas well with a security valve before the platform sank, the company said yesterday in an e-mail.
Oh, so Venezuela's socialist government actually took the correct precautions to avoid catastrophe, 'eh, Americans?
Yeah, you would never want a government like that.
Best to trust your enemy-creating, agenda-pushing, war-promoting, oil-craving MSM on that one.
And here Chavez went and cut us cheap heating fuel during the brutal winters.
Venezuela, which has Latin America’s largest natural gas reserves at 170 trillion cubic feet of gas, is certifying reserves and expects to reach 400 trillion cubic feet, which would give it the fourth-largest reserves in the world, behind Russia, Iran, and Qatar, according to
One wonders when we invaded, although I hardly trust BP's information.
So when do we invade Venezuela, America?
Going to need those easy-to-access hemispheric energy resources for the upcoming world war for Israel.
Rafael Ramirez, Venezuela’s oil minister and president of the company known as PDVSA, said the platform was leased from an Indian company called Aban Offshore Ltd., Ramirez said. An investigation will be conducted to determine the cause of the accident, he said. Telephone calls seeking comment from Aban’s headquarters in Chennai, India, weren’t answered....
--more--"Haven't seen a word since.