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Slideshow Follow Reuters Facebook Twitter RSS YouTube Read Argentine leader's image falls as inflation soars 26 Aug 2012 Tropical Storm Isaac slogs toward U.S. Gulf Coast | 11:58am EDT Analysis: How Apple overwhelmed Samsung's patent case tactics 10:40am EDT Analysis: Friend and foe; Samsung, Apple won't want to damage parts deal | 11:42am EDT Wall Street edges up as Fed looms; Apple hits new high | 11:48am EDT Discussed 138 Obama’s lead over Romney grows despite voters’ pessimism 122 Romney to announce vice presidential choice Saturday 94 Analysis: Are Israelis tough enough for a long war with Iran? Sponsored Links Fire still burning at Venezuela's biggest refinery Tweet Share this Email Print Related News Oil falls as Isaac seen cutting refinery crude demand 12:37pm EDT Venezuela struggles with refinery blaze after deadly blast 7:40am EDT Venezuela: refinery to restart in two days after fire Sun, Aug 26 2012 Explosion kills 39 at Venezuela's biggest refinery Sat, Aug 25 2012 Exclusive: Venezuela says no force majeure despite Amuay blast Sat, Aug 25 2012 Analysis & Opinion The coming glut in oil â€“ and its impact Related Topics World » Venezuela » Related Video Chavez visits site of deadly refinery blast 12:24am EDT 1 of 10. A column of smoke rises as fuel storage tanks are seen on fire at Amuay oil refinery in Punto Fijo in the Peninsula of Paraguana, August 27, 2012. Credit: Reuters/Marife Cuauro By Marianna Parraga and Sailu Urribarri PARAGUANA, Venezuela | Mon Aug 27, 2012 11:40am EDT PARAGUANA, Venezuela (Reuters) - A fire burned for a third day in two fuel storage tanks at Venezuela's biggest refinery on Monday, putting in doubt plans to quickly restart the facility after one of the worst accidents to hit the global oil industry for decades. Reuters reporters saw a thick column of dark smoke and flames leaping from the tanks at the 645,000 barrel-per-day facility. Officials say that if they fail to extinguish the blaze with foam, they will let it burn out by itself, which could take two or three days. Energy Minister Rafael Ramirez told Reuters by telephone from the scene that fire crews had worked through the night and were continuing their efforts on Monday. "The breeze is changing direction all the time so we have to move the firefighting crews to keep trying to extinguish the fire," Ramirez said. "Last night we had a fire truck trapped by the blaze, fortunately without any victims or damage. We will continue the same efforts today." A gas leak caused an explosion and then a fire before dawn on Saturday at the facility, part of the world's second biggest refinery complex. Nearby homes were obliterated, at least 41 people killed and dozens more wounded. Ramirez said on Saturday and Sunday that Amuay could restart in two days at most but he gave no further details on Monday. State oil company PDVSA says none of Amuay's production units were affected and that Venezuela has enough stocks to meet its commitments to the domestic market and keep up exports. President Hugo Chavez promised a full investigation into the tragedy during an emotional visit to the scene on Sunday. The incident is likely to support global fuel prices that already are being pushed higher by worries that Tropical Storm Isaac could suspend U.S. oil production and hints of another round of monetary stimulus by the U.S. Federal Reserve. UNION LEADER SLAMS MANAGERS Ivan Freites, a union leader at the Paraguana complex, told Reuters it was not possible for the refinery to restart within two days of the blast, and accused officials of playing down the scale of the disaster. "A refinery is not a coffee-maker," he said. "They don't understand the restart process. The managers are acting like political operatives ... not thinking of the victim's families." Freites' union has been pushing PDVSA to improve safety standards at its installations, especially since 2010 when 95 workers were rescued from an exploration platform that sank in the Caribbean. "This could have been avoided. They are trying to make it look like leaks are something normal, when there are lethal gas detectors in refineries ... and workers must carry detectors." Ramirez told Reuters that PDVSA is considering seeking floating storage in the area - using tankers to store oil and refined fuel offshore while the company repairs the main tanks. Tony Nunan, a risk manager at Mitsubishi Corp in Tokyo, said the incident was expected to have an impact on markets. "Oil product prices are expected to go up after the fire as they might likely look towards imports," he said. One Singapore-based trader said prices had risen. "This is super bullish news for gasoline," the trader said. Saturday's blast ranks as one of the most deadly oil industry accidents in recent history, nearing the toll of the 1997 fire at India's Visakhapatnam refinery that killed 56, and topping the 2005 Texas City refinery blast in the United States, which killed 15. (Additional reporting by Brian Ellsworth, Diego Ore and Eyanir Chinea in Caracas, and Jessica Jaganathan and Seng Li Peng in Singapore; Writing by Daniel Wallis; Editing by Bill Trott) World Venezuela Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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