Start your day with intelligence. Get The OODA Daily Pulse.

Home > Briefs > Global Risk > Organized Crime & Gangs > Pirates and Hold-Ups-Crime Strikes Venezuela’s Oil Industry

Pirates and Hold-Ups-Crime Strikes Venezuela’s Oil Industry

“When night falls over western Venezuela, armed gangs known as ‘pirates’ sometimes ride boats into muggy Lake Maracaibo to steal equipment from oil wells. In the country’s Paraguana peninsula, opposite the Caribbean island of Aruba, slum dwellers at times break through a perimeter wall into Venezuela’s biggest refinery and rob machinery, construction tools, and cables to sell as scrap.”

Source: Pirates and Hold-Ups-Crime Strikes Venezuela’s Oil Industry – The New York Times