Vice President and Minister of Petroleum, Delcy Rodríguez, stated 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 in the last 80 years.
State-owned Petróleos de Venezuela (PDVSA) is seeking to increase its capacity to process diluted crude oil at the José Antonio Anzoátegui Industrial Complex, according to an official press release issued on Sunday, the 22nd.
Vice President and Minister of Petroleum Delcy Rodríguez held a meeting with the management of the complex in order to “review strategic plans to enhance operational activities” and “increase the processing capacity of diluted crude oil in the Petrocedeño upgrader.”
The goal is for PDVSA, which manages the largest proven oil reserves in the world, to strengthen its main distillery “for the recovery of naphtha and the production of diesel, fuel oil, diluent, sulfur and coke.”
According to the press release, the vice president 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 stressed. via Instagramwhere he shared videos of his tours of the country’s main refining centers. This is in reference to the sanctions imposed on PDVSA by the United States government, some of which have been relaxed in the last year.
Venezuela’s oil production was reduced by 1,000 barrels per day (bpd) in August compared to July, up to 927,000 bpd, according to official figures compiled by the Organization of the Petroleum Exporting Countries (OPEC).
Production had recovered steadily since 2020, when it fell to 569,000 bpd due to the pandemic and sanctions, and reached 783,000 bpd last year.
With information from SwissInfo
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