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jose chalhoub

Chinese and Russians evaluate venezuelan refineries

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so the only way forward is actually tearing them down and building new refineries (for three out of four). that puts things into perspective ... 

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read last month that the Russian and Chinese actually fled the refineries because they thought they might collapse. Really does give us a better idea of how production could go--fast. Incomprehensible mismanagement

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definitely mismanagement and rampant corruption. As i wrote in my last thread, refining capacity of venezuela is in shambles and it will be tremendously unlikely to recover it soon. and russians and chinese are not able to endure and support this task definitely, at least until they see safeguards for their investments. 

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