07-05-2018 22:11 via uk.finance.yahoo.com

Conoco expected to soon temporarily seize PDVSA Curacao assets - sources

ConocoPhillipsis expected to renew an effort to temporarily seize Venezuela's PDVSA oil inventories at the 335,000-barrel-per-day Isla refinery in Curacao in the coming days, sources close to the state-run firm's operations in the Caribbean said.The U.S. oil company last week took PDVSA oil inventories in St. Eustatius and a terminal in Bonaire under court orders to enforce a $2 billion arbitration award by the International Chamber of Commerce (ICC) in April.
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