PDVSA breaks ground on Santa Ines refinery

Eric Watkins
Oil Diplomacy Editor

LOS ANGELES, Oct. 13 -- Venezuela's state-owned Petroleos de Venezuela SA (PDVSA), aiming to process more of the country's heavy oil at home, has begun construction of the 100,000-b/d Santa Ines refinery, in the state of Barinas.

The refinery will help the country "achieve economic independence, financial independence as banks and stock markets in the US and Europe sink," said Venezuelan president Hugo Chavez. "Latin America has finally begun assuming its course," he said.

The complex, valued at some $1.2 billion, is being developed in two phases: the first is scheduled for completion in 2011 with an initial capacity of 30,000 b/d, while the second will be reached in 2014, bringing the plant to full capacity.

The facility will refine crude oil from Barinas and Apure states, as well as oil from the Orinoco heavy crude belt. It will produce regular and high-octane gasoline, LPG, diesel, kerosene, fuel oil, and asphalt.

Rafael Ramirez, who doubles as PDVSA president and Venezuelan energy minister, said the new refinery will refine mostly crude oil for the domestic market.

Santa Ines is one of four domestic refineries either under way or planned. The others include the 50,000-b/d Caripito refinery, a 200,000-b/d refinery in the state of Zulia, and a 400,000-b/d refinery at Cabruta.

In September, Chavez said his country and China plan to construct two refineries, one in each country. Chavez said the Venezuelan refinery will be built in the Orinoco basin (OGJ Online, Sept. 23, 2008).

Contact Eric Watkins at hippalus@yahoo.com.

Related Articles

ExxonMobil replaces 103% of 2013 production

02/21/2014 ExxonMobil Corp. replaced 103% of its oil and natural gas production last year with additions to reserves, mostly of crude oil and other liquids.

Hydraulic fracturing stuck in New York policy vacuum

02/01/2014 Persistent institutional indecisiveness by elected officials in New York State has placed the state in the position of not having a statewide polic...

Contact hails Kakwa Montney tight gas-liquids well results

10/16/2013 Contact Exploration Inc., Calgary, said completion of its fourth operated horizontal Middle Montney formation tight gas-liquids well extends the sc...

Watching Government: BC Premier's energy stance

10/14/2013 British Columbia will not budge on its requirements proposed heavy oil export projects must meet, Premier Christy Clark said on Oct. 4. But that do...

Cyclic steam, gas enhance Bohai heavy oil production

10/07/2013

This article presents preliminary results of stimulation principles and offshore oilfield testing of cyclic steam and gas stimulation.

Understanding the science behind induced seismicity

10/01/2013 For several decades in the US, earthquakes occurred at a steady rate of 21 events per year. Beginning in 2001, this rate began to increase and peak...

Wyoming delegation asks Jewell to exempt state from BLM fracing rules

08/20/2013 Wyoming’s congressional delegation asked US Sec. of the Interior Sally Jewell to exempt the state and others that already regulate hydraulic fractu...

Sunshine signs oil sands JV, slows West Ells work

08/20/2013 Sunshine Oilsands Ltd., Calgary, signed a framework agreement with an undisclosed international third party to pursue a joint venture involving its...

Promise vs. obstructionism

08/12/2013 North America's energy transformation has progressed on two important fronts outside the US, where revulsion toward nongaseous hydrocarbons increas...
White Papers

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions

As the downstream petroleum industry grapples with change in every sector and at every level, includin...
Sponsored by

7 Steps to Improve Oil & Gas Asset Decommissioning

Global competition and volatile markets are creating a challenging business climate for project based ...
Sponsored by

The impact of aging infrastructure in process manufacturing industries

Process manufacturing companies in the oil and gas, utilities, chemicals and natural resource industri...
Sponsored by

What is System Level Thermo-Fluid Analysis?

This paper will explain some of the fundamentals of System Level Thermo-Fluid Analysis and demonstrate...
Available Webcasts


The Alternative Fuel Movement: Four Need-to-Know Excise Tax Complexities

When Thu, Jun 4, 2015

Discussion on how to approach, and ultimately embrace, the alternative fuel market by pulling back the veil on excise tax complexities. Taxes may be an aggravating part of daily operations, but their accuracy is crucial in your path towards business success.

register:WEBCAST



On Demand

Prevention, Detection and Mitigation of pipeline leaks in the modern world

Thu, Apr 30, 2015

Preventing, detecting and mitigating leaks or commodity releases from pipelines are a top priority for all pipeline companies. This presentation will look at various aspects related to preventing, detecting and mitigating pipeline commodity releases from a generic and conceptual point of view, while at the same time look at the variety of offerings available from Schneider Electric to meet some of the requirements associated with pipeline integrity management. 

register:WEBCAST


Global LNG: Adjusting to New Realities

Fri, Mar 20, 2015

Oil & Gas Journal’s March 20, 2015, webcast will look at how global LNG trade will be affected over the next 12-24 months by falling crude oil prices and changing patterns and pressures of demand. Will US LNG production play a role in balancing markets? Or will it add to a growing global oversupply of LNG for markets remote from easier natural gas supply? Will new buyers with marginal credit, smaller requirements, or great need for flexibility begin to look attractive to suppliers? How will high-cost, mega-projects in Australia respond to new construction cost trends?

register:WEBCAST


US Midstream at a Crossroads

Fri, Mar 6, 2015

Oil & Gas Journal’s Mar. 6, 2015, webcast will focus on US midstream companies at an inflection point in their development in response to more than 6 years shale oil and gas production growth. Major infrastructure—gas plants, gathering systems, and takeaway pipelines—have been built. Major fractionation hubs have expanded. Given the radically changed pricing environment since mid-2014, where do processors go from here? What is the fate of large projects caught in mid-development? How to producers and processors cooperate to ensure a sustainable and profitable future? This event will serve to set the discussion table for the annual GPA Convention in San Antonio, Apr. 13-16, 2015.

This event is sponsored by Leidos Engineering.

register:WEBCAST


Emerson Micro Motion Videos

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected