"They want to have an oil spill. The cleanup effort costs millions of dollars and the contracts will be awarded to organisation which are in league with politicians and big business. That's how taxpayer money is pocketed by these villians. That's what happened in Mauritius."
The creator/poster of the video agrees. ("It does appear that this is the case.")
> is a floating storage and offloading vessel permanently moored offshore of Venezuela at the Corocoro oil field in the Gulf of Paria. After production at Corocoro ceased in 2019 following United States sanctions on Petroleos de Venezuela (PDVSA), Nabarima fell into a state of disrepair, and was reported in 2020 to be at risk of spilling her cargo of about 1.3 million barrels of crude oil.
> Following the Corocoro shutdown, Nabarima was abandoned with about 1.3 million barrels of crude aboard, and in July 2020 began listing to starboard, followed by a leak into her engine room the following month that failed bilge pumps were unable to pump out.
The YouTube video maker/poster seems to be jumping to conclusions, much as HN commenters did with the Kamchatka Eco-Disaster. 
tldr: The ship is in Venezuelan waters. Noone cares.
From the wikipedia page on the Mauritius incident, wasn't the cleanup paid for by the owners and their insurance? (as you'd expect)
Paying for clean-up is fairly murky, as most of the time it is high seas, and the laws are different. Also the company which runs or owns ship will usually will be asset light and just declare bankruptcy. Look at the case in Lebanon, many countries are not equipped to handle this kind of problem.
It may not be deliberate intent to sink the ship, but the systems we have in place does not provide a lot incentive for the operators to act fast or act at all.
But yeah -- it does indeed seem far-fetched.
These have been converted to basically ticking time bombs as the metal and fuel tanks corrode.
The amount of oil in these sunk ships is difficult to estimate, but even on a light estimate resulted in a wide-spread ecological disaster.
As usual the response from 95% of governments out there is simply to bury their heads to the problem.
Source from DW Documentaries (https://www.youtube.com/watch?v=OP0U62oiBlM)
The ship was wrecked off the Nore sandbank in the Thames Estuary, near Sheerness, England in August 1944, whilst carrying a cargo of munitions. About 1,400 tonnes (1,500 short tons) of explosives remain on board, which continues to be a significant hazard.
Tom Scott: https://youtube.com/watch?v=R9u41aeItss
Most of the explosives are inert but there are cluster munitions on the top deck IIRC that if nudged too much could set the whole thing off.
We have 3 choices:
A. Optimistic One: A carrier ship arrives and takes the crude away.
B. Burn the oil into the air. Though these platforms are not designed to burn the crude itself. Only the residual gases.
C. Dump into the ocean. Eventuality if left alone.
Tough choices there between B & C!
EDIT: Links moved from another comment as they are my citations for this comment.
Reddit thread: https://www.reddit.com/r/videos/comments/jctitw/oil_tanker_w...
This comment in particular: https://www.reddit.com/r/videos/comments/jctitw/comment/g93n...
I don't see it in the article.
Even so, if a multinational is extracting resources from a country, I'd consider seizure of assets fair game, unless shown otherwise. It's not as if the companies are morally impeccable, poor countries rights and laws respected or even the international treaties fair.
Also, the wikipedia page for the Narabima says it was "abandoned". Does maritime salvage law enter into this? I.e. absent intervention by some government, is this basically an opportunity for any private party with the right equipment to try to go out and claim 1.3M barrels of oil?
Also, while today many countries think it's very important not to - for example - spill vast quantities of toxic materials into the ocean, this was not originally a concern of salvage law, and so not all jurisdictions will be friendly to the idea that you deserve reward partly for preventing an environmental disaster. Countries with modern salvage rules would pay more for the fact you're preventing a massive oil spill than if you "salvaged" millions of gallons of say mild saline solution that were inexplicably being moved and aren't toxic, but the work is the same even if you're paid less.
In particular, how much could you pump out overnight?
The last choice is not a choice is to let incompetence and delay take its toll
For the oceans, little data predates the 1950s, after much damage was done. The degradation since is still staggering.
Over the past few centuries, let alone millennia, impacts have been massive. Few are evident directly, most require geological orother scientific inference ... buried traces of past ecosystems.
There's basically no natural world left, on land anyway.
The good (?) news is that the list is apparently intentional, in order to repair some ballast pump valves. https://uk.reuters.com/article/us-pdvsa-eni-vessel/idled-ven...
"PDVSA in September sought to downplay the risks after the vessel developed an 8 degree list in late August, reportedly the result of flooding in the engine room."
They just had an oil spill from a refinery off the western coast in July and have done nothing to either prevent or fix it as far as I am aware (https://www.dw.com/es/alarma-por-derrame-petrolero-en-costas... in fact they had a second oil spill in the same location a couple of weeks later trying to get operations going again.
Heck, they had one last year that I believe is still ongoing on and off (https://www.youtube.com/watch?v=ruW_lkWCums&t=244s) and this by no means an exhaustive link, just the ones I can remember off the top of my head while writing this note
By now may be thinking this case is surely different as it has international implications, but never mind, they've already done that before without major consequences (https://www.abc.es/sociedad/abci-petroleo-venezolano-origina...)
On top of this the dictatorship is actively blocking access to inspectors to review their claims that everything is under control (https://www.looptt.com/content/foreign-ministry-no-access-gr...) which is something they could do tomorrow if they so wished
As a Venezuelan I can assure you there's no need to invoke big business interests or sanctions; they simply don't care.
I'd say everyone should start preparing for the worst; will it be a disaster? Absolutely ... one more to add to the long list of disasters they are responsible for; the dictatorship (and us everyday folks in some measure as well) have grown numb to them by now
PS: My hat's off to this guy who literally risked his life in order to bring awareness to this
And yeah, that guy is really brave. Especially after that story of the Colombian captain being detained for months and then killed in a raid by national guards that wanted money. I guess now there are going to be patrolling it and Sebin is going to make sure no one gets close again.
One would think at least the insurance companies involved would be all over this.
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Trying to approach any Government Minister to get this point over seems impossible, everyone seems to put their head in the sand and wait for this disaster to happen, it does not need to be this way, our expert team of professionals can undertake the whole operation to secure this from happening, given the chance. We have are own product that we use for any Worldwide Oil Spill’s being a product called GoSorb, I have attached a link for you to view at your leisure, we can also fully assist with the Sargussum Threat you also have in the Caribbean. https://www.gobblerboats.com/video/
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Head of Logistics Gobbler
Tel: Mobile No. 07989-960807