PDVSA FACES ORIMULSION CUTS

11/18/1991
Venezuela's Ministry of Energy and Mines has ordered state owned Petroleos de Venezuela to scale back its $2.5 billion program to develop Orimulsion, Pdvsa's boiler fuel that is an emulsion of extra heavy crude, water, and a surfactant. The extent of the cut is undisclosed, but presumably planned expansion beyond volumes needed to cover firm contracts with power plants in Canada, Italy, Japan, Spain, and the U.K. will be delayed. Pdvsa's Orimulsion marketing unit Bitor had hoped to boost output to about 41 million metric tons/year by 1996 from the current 1 million tons/year. Current contracts cover deliveries of 8 million tons the next few...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected