Peru, short on fuel, okays temporary restart at Repsol refinery after spill

Author of the article: LIMA — Peru’s environmental inspector, responding to fuel supply shortages, on Saturday authorized temporary resumption of hydrocarbon loading and unloading operations at sea at a refinery owned by Spain’s Repsol which had been halted during a probe of a major oil spill. The La Pampilla refinery, the largest in Peru, supplies…
Peru, short on fuel, okays temporary restart at Repsol refinery after spill

Author of the article:

LIMA — Peru’s environmental inspector, responding to fuel supply shortages, on Saturday authorized temporary resumption of hydrocarbon loading and unloading operations at sea at a refinery owned by Spain’s Repsol which had been halted during a probe of a major oil spill.

The La Pampilla refinery, the largest in Peru, supplies 40% of the Peruvian fuel market and accounts for 54% of the Andean country’s refining capacity. Operations at La Pampilla terminals off Peru’s coast can resume for 10 days under Saturday’s decision. They were suspended on Jan. 31 after a spill of more than 10,000 barrels of oil in the middle of last month.

The spill was blamed in part on unusual waves caused by a volcanic eruption in far off Tonga.

The Agency for Environmental Assessment and Control (OEFA) said the approval was only a temporary restart and did not mean “administrative measures” to halt loading activities at the terminals were being fully lifted.

On Friday, the embassies in Peru of the Netherlands and France said they were “concerned” about fuel supply shortages hitting flights between Peru and Europe, adding Repsol supplies 70% of the fuel for the local commercial aviation industry.

On Thursday, the government said Peru could face fuel shortages due to the ban on loading and unloading at the plant, a move which Repsol has called “disproportionate.”

Repsol, facing a major backlash over the spill, has said it will finish cleaning up the oil in the sea and on the coast by the end of March. Peruvian prosecutors are weighing criminal charges against executives and the government is evaluating requests for compensation for damages. (Reporting by Marco Aquino; Editing by Adam Jourdan and David Gregorio)

Financial Post Top Stories

Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.

By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300

Read More

Total
0
Shares
Leave a Reply

Your email address will not be published.

Related Posts
Hungary to poll public on support for EU sanctions on Russia
Read More

Hungary to poll public on support for EU sanctions on Russia

Author of the article: The Associated Press Justin Spike Hungary's Prime Minister Viktor Orban speaks during a news conference with Serbian President Aleksandar Vucic in Belgrade, Serbia, Friday, Sept. 16, 2022. Orban is on a one day working visit to Serbia. Photo by Darko Vojinovic /THE ASSOCIATED PRESS BUDAPEST, Hungary (AP) — Hungary’s governing party…
Asian stocks mixed after Wall St sinks on rate fears
Read More

Asian stocks mixed after Wall St sinks on rate fears

Author of the article: The Associated Press Stan Choe Published Feb 07, 2023  •  Last updated 4 hours ago  •  4 minute read Join the conversation People walk past the New York Stock Exchange on Wednesday, June 29, 2022 in New York. Stocks are opening lower across the board on Wall Street, Tuesday, July 5, and…