Venezuelan state-owned oil company PDVSA expects its crucial crude upgraders to ...
PUNTO FIJO/CARACAS - Venezuelan state-owned oil company PDVSA expects its crucial crude upgraders to operate well below capacity this month, according to industry sources and documents seen by Reuters, as U.S. sanctions and energy blackouts hit the OPEC nation’s oil industry.
Prolonged power outages have been adding to problems blending and exporting crude, as PDVSA’s main oil port, Jose, in northeastern Venezuela remained paralyzed. Petromonagas is expected to undergo “cleaning and repair” this month after maintenance workers found two of its furnaces were obstructed by waste products, while a maintenance process at Petrosanfelix was halted, according to the document.
One industry source, speaking on the condition of anonymity because of a lack of authorization to speak publicly, said the blockages of Petromonagas’ furnaces was likely to keep the upgrader out of commission for 20 days.Neither PDVSA nor Venezuela’s oil ministry responded to a request for comment. Total declined to comment, while Chevron referred questions to Petropiar, which like all oil joint ventures in Venezuela is controlled by PDVSA.
But the sanctions blocked U.S. companies, previously the main suppliers of diluents to Venezuela, from selling the products to PDVSA.
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