(Energy Analytics Institute, Ian Silverman, 3.Apr.2019) — Heard on the street and LatAmNRG briefs related to a tribunal’s decision to temporarily suspend a process between PDVSA and Petropar, and Parguay’s Petropar appointing an industrial chemist to head up operations at its JosĂ© Troche Plant. Petropar Names Industrial Chemist To Head […]
Tag: PetroPar
Bolivia And Paraguay Sign MOU Related To Gas Pipeline
(Energy Analytics Institute, Aaron Simonsky, 19.Nov.2018) — Bolivia’s Hydrocarbon Minister Luis Alberto Sánchez and Paraguay’s Public Works Minister Arnoldo Wiens signed a Memorandum of Understanding related to construction of a natural gas pipeline that will allow for shipment of the molecules from the former to the latter. We hope to […]
PDVSA Still Seeks Friendly Settlement with PetroPar
(Energy Analytics Institute, Jared Yamin, 12.Jun.2016) – PDVSA continues to seek a friendly settlement with PetroPar in regards amounts it is owed by its Paraguayan counterpart, announced PDVSA in an official statement posted on Twitter. PDVSA is requesting PetroPar pay its debt to Venezuela without additional delays. Additionally, PDVSA says […]
YPFB, PetroPar and LPG Distributors Discuss Contracts
(Energy Analytics Institute, Jared Yamin, 11.Jun.2016) – Officials from YPFB and its Paraguayan counterpart PetroPar meet with LPG distributors in Paraguay to evaluate the expansion of sales and purchase agreements. “Actually, YPFB has contracts with Paraguayan LPG distributors that expire in August,” reported the daily newspaper La RazĂłn, citing YPFB […]
Paraguay Says No Need To Issue Bonds To Pay PDVSA Debt
(Energy Analytics Institute, Aaron Simonsky, 8.Jun.2016) – Paraguay does not need to issue bonds to pay off an outstanding debt with Venezuela’s state oil company PDVSA, according Paraguay’s Finance Minister Santiago Peña. “We have tried to come closer regarding payment of the debt,” reported the daily newspaper UltimaHora, citing Peña. […]
Petropar Says PDVSA Claims Not Valid Related to Debt
(Energy Analytics Institute, Aaron Simonsky, 6.Jun.2016) – Plans announced by PDVSA to sue its Paraguayan counterpart Petropar are not valid and go against international agreements. Caracas-based PDVSA announced it would take legal actions against Petropar if the company failed to pay a debt of $287 million by June 10, 2016, […]
PetroPar Debt Will Not Be Forgiven
(Energy Analytics Institute, Ian Silverman, 10.Sep.2013) – PDVSA President Rafael Ramirez, who also serves as Venezuela’s Oil Minister, said that the debt owed to PDVSA by Petroleos de Paraguay (Petropar) must be repaid. Petropar’s outstanding debt to PDVSA is around $265 mln to $270 mln, according to reports on the […]