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CARACAS, Venezuela (AP) - Exxon Mobil Corp. is moving to temporarily halt production at a Venezuelan oil field amid problems in getting the state oil company to transport crude being pumped there to market, the company said Wednesday.
For Exxon, the shut in at the La Ceiba field is the most recent in a string of setbacks.
Exxon spokesman Richard N. Bailey said in an email that the company was notified by Venezuela's state-owned oil company, Petroleos de Venezuela, or PDVSA, that it would discontinue lifting crude oil from La Ceiba. As a result, Exxon "has proceeded to request to the Ministry of Energy and Petroleum a temporary and safe shut down of production," Bailey said.
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