Suriname's state oil company Staatsolie is engaged in the exploration, production, refining and trading of crude oil and derivatives, including diesel oil, fuel oils and asphalt. It also operates in the electricity generation market, and provides bunkering and transportation services by tanker trucks and barges to local ports. The firm is active in the Caribbean nations of Trinidad & Tobago, Guyana, and Barbados. Staatsolie was founded in 1980 and is based in Paramaribo, Suriname.
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