& Tobago

Very usefull links


News links




Dow Jones

Oil price



Views and News




PDVSA refineries below 10pc nameplate



By Argus

Petroleumworld 05 14 2019

Venezuela state-owned PDVSA (PdV) has shuttered over 90pc of its domestic refining operations because of unstable electricity supplies, local crude shortages, scarce feedstock imports and inoperative processing units.

The 940,000 b/d CRP refining complex, which includes the 635,000 Amuay refinery and 305,000 b/d Cardon refinery, currently is processing 100,000 b/d or 10.6pc of its nameplate capacity, according to an internal PdV report obtained by Argus .

Amuay refinery was producing 100,000 b/d as of 1 May, and Cardon refinery was shut down completely, the report said.

PdV's 140,000 b/d El Palito refinery in Carabobo state and the 190,000 b/d Puerto La Cruz refinery in Anzoategui state are also shuttered completely.

El Palito refinery has been out of service for over a year, and the Puerto La Cruz refinery's modernization project has stalled for lack of funds.

Two workers at El Palito refinery said that PdV is "dismantling some heavy equipment" that is earmarked for reinstallation in processing units out of service currently at Amuay, Cardon and Puerto La Cruz.


We invite you to join us as a sponsor.

Circulated Videos, Articles, Opinions and Reports which carry your name and brand are used to target Entrepreneurs through our site, promoting your organization’s services. The opportunity is to insert in our stories pages short attention-grabbing videos, or to publish your own feature stories.



Story from Argus Media. 05 10 2019


Hit your target - Advertise with us

PW 300.000 plus request per week

Copyright© 1999-2019 Petroleumworld or respective author or news agency. All rights reserved.

We welcome the use of Petroleumworld™ (PW) stories by anyone provided it mentions as the source.

Other stories you have to get authorization by its authors. Internet web links to are appreciated.

Petroleumworld welcomes your feedback and comments, share your thoughts on this article, your feedback is important to us!

We invite all our readers to share with us
their views and comments about this article.

Write to

By using this link, you agree to allow PW
to publish your comments on our letters page.

Any question or suggestions,
please write to:

Best Viewed with IE 5.01+ Windows NT 4.0, '95,
'98,ME,XP, Vista, Windows 7,8,10 +/ 800x600 pixels

Twitter: @petroleumworld1




Editor & Publisher: Elio Ohep/
Contact Email:

CopyRight © 1999-2019, Paul Ohep F. - All Rights Reserved. Legal Information

PW in Top 100 Energy Sites

CopyRight©1999-2019, Petroleumworld   / Elio Ohep - All rights reserved



This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission fromPetroleumworld or the copyright owner of the material.