PDVSA EARMARKS $3.2 BILLION FOR TWO REFINERY PROJECTS

04/13/1992
Venezuela's Petroleos de Venezuela SA (Pdvsa) has earmarked almost $3.2 billion to upgrade and expand its two biggest refineries. The plants, operated by Pdvsa units Maraven SA at Cardon and Lagoven SA at Amuay, have a combined throughput capacity of 950,000 b/d. Both are on the Paraguana Peninsula in western Venezuela. Although cuts are expected in Pdvsa's operating and capital budgets this year, the main thrust of refining investments planned through 1994 remains unchanged. The projects are a top priority because Venezuela's refineries need to increase production of light products to boost profits and to...
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