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Topic - Rafael Ramirez
A huge explosion rocked Venezuela's biggest oil refinery and unleashed a ferocious fire on Saturday, killing at least 39 people and injuring more than 80 others in one of the deadliest disasters ever to hit the country's key oil industry.
Opposition groups in Venezuela are warning that billions of dollars in Chinese loans are driving the state oil company toward bankruptcy.
Rafael Ramirez, PDVSA's president, stated, "We will not pay contractors that have tried to speculate and don't care about our company."
On Thursday, Oil Minister Rafael Ramirez said Exxon Mobil is demanding more than 10 times the compensation it may deserve from Venezuela for nationalizing the oil venture.