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September 11, 2007
Chavez Putting the Criminally Incompetent in Charge of Stolen Oil Facilities
Posted by Dave Blount at September 11, 2007 6:34 PM
Socialism in action, via Upstreamonline:
Venezuela has named an engineer indicted for negligent refinery management as the new head of its Petro Anzoategui heavy oil project, which Caracas took over from US supermajor ConocoPhillips in June.
The move has raised concerns about whether state oil company PDVSA has enough qualified workers to run the four multibillion-dollar heavy oil projects in the Orinoco heavy oil belt which Chavez nationalised this year, Reuters reported.
Chavez in July introduced Manuel Medina as president of Petro Anzoategui, previously the Petrozuata joint venture between PDVSA and ConocoPhillips.
The state prosecutor's office in May said it filed criminal charges against Medina and three other employees of Venezuela's El Palito refinery for "negligent embezzlement" and damaging industry operations.
The four employees "fail(ed) to observe procedures established by corporate norms" during a maintenance shutdown in 2003 and 2004, leading to 116 spills in El Palito's alkylation unit between March 2004 and May 2007, the prosecutor's office said.
Communist thugs will always manage to strangle the goose that lays the golden eggs. Food shortages have already begun, but when Chavez and cronies have destroyed Venezuela's oil industry through corruption and incompetence, the real hunger will set in. No doubt America will be expected to send aid.
On a tip from Byron.
