FACTBOX: The overseas assets of Venezuela's oil giant PDVSA
(Reuters) - Oil major ExxonMobil Corp obtained court orders in the United Kingdom, the Netherlands and Netherlands Antilles in late January, freezing $12 billion of the foreign assets of Venezuela's state oil company PDVSA.
The freeze was sought by Exxon as a means of guaranteeing payment from PDVSA in the event it wins an arbitration case brought over the nationalization of Exxon's stake in Cerro Negro, a Venezuelan heavy oil project.
PDVSA claims to have $107 billion in assets worldwide. The following is a list of major foreign assets owned by PDVSA:
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BAHAMAS Bahamas Oil Refining Co Ltd (BORCO)
-20 million barrel oil storage facility
-PDVSA attempted to sell the facility in 2007 for a
reported $600 million to $700 million but the sale was
never concluded Continued...







