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Feb 27, 2018

PUMA Promises Steady Supply Despite Issues

The Government of Belize has insisted that it is not in debt for fuel shipments from Venezuela through Curacao as part of the Petrocaribe agreement. But a Mexican online media source quotes Venezuelan authorities as accusing G.O.B. of being bankrupt for not meeting those payments. It says there has been no indication that the government would break with Petrocaribe or disclose how much it allegedly owes. Contracorriente dot net says the ship Syrtos has been outside Belize’s port with three million liters of diesel and airplane gas fuel waiting to be offloaded – the wait allegedly being caused by the lack of payment. Meanwhile, Puma Energy Bahamas S.A., parent of Puma Belize, says its inventories for diesel and jet fuel are at normal levels after receiving a vessel this past weekend, and that it is expecting a PDVSA vessel with gasoline in the next several days. It also confirms in a press release that it is importing gasoline by truck from neighboring countries as a precautionary measure to ensure supply in addition to the coming vessel. As a result, it said, there are no anticipated supply disruptions and product remains available.

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