The state-owned company Petróleos de Venezuela (PDVSA) seeks to increase its diluted crude processing capacity at the José Antonio Anzoátegui Industrial Complex.
The Executive Vice President and Minister of Petroleum, Delcy Rodríguez, held a meeting with the board of directors of this center in order to “review the strategic plans to enhance operational activities” and “increase the processing capacity of diluted crude oil in the Petrocedeño upgrader,” the document states.
The goal is for PDVSA, which manages the largest proven oil reserves in the world, to strengthen its main distillery, which operates in this complex, “for the recovery of naphtha and the production of diesel, fuel oil, diluent, sulfur and coke.”
According to a press release, Rodriguez said that these actions seek to increase production, “recover the hydrocarbon industry” and strengthen the national economy, whose traditional source of income has been the export of crude oil for the last 80 years.
“No criminal blockade will be able to defeat Venezuela,” the vice president said on Instagram – where she shared videos of her tours of the country’s main refining centers – in reference to the international sanctions imposed on PDVSA, especially from the United States, some of which have been relaxed in the last year.
Production has recovered steadily since 2020, when it fell to 569,000 bpd due to the pandemic and sanctions, and reached 783,000 bpd last year.
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2024-09-22 22:13:14