State Oil Company draws down oil supply EBS

staatsolie

The State Oil Company Suriname (Staatsolie) will largely reduce the production of fuel oil this year. This will have a direct impact on the power company NV Energie Bedrijven Suriname (EBS), which is one of the largest buyers of heavy-duty diesel. EBS will be compelled to import these raw materials. Times of Suriname has learnt that more than 90 million liters of marine diesel and 250 million liters of heavy-duty diesel will no longer be produced. It represents a value of SRD 1.2 billion on a yearly basis. EBS will have to obtain import oil from a new supplier…[+]