Venezuela's Maduro pledges funds for Argentine shipyard to finish PDVSA tankers

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Venezuela's Maduro pledges funds for Argentine shipyard to finish PDVSA tankers
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Venezuelan President Nicolas Maduro on Sunday pledged funds for a state-owned Ar...

- Venezuelan President Nicolas Maduro on Sunday pledged funds for a state-owned Argentine shipyard to finish building two long- overdue tankers for state oil company Petroleos de Venezuela[PDVSA.UL], which is struggling with a diminished tanker fleet.

But the statement suggests he sees left-leaning Alberto Fernandez’ victory in last month’s Argentine presidential election as an opening to revive the construction. He accused current President Mauricio Macri, an outspoken Maduro critic, of “sabotage” to delay the tankers’ completion, without evidence.

Representatives for Macri and Fernandez did not immediately respond to requests for comment. Maria Eugenia Vidal, a close Macri ally and outgoing governor of Buenos Aires province, which owns the shipyard, has said she would rather spend money on schools than subsidize it.Delivery of the ships was delayed long before Macri took office in late 2015. Maduro’s late predecessor Hugo Chavez and late Argentine President Nestor Kirchner first signed a pact to build them in 2005.

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