LYONDELL PLANS TO HIKE HEAVY CRUDE RUNS AT HOUSTON

Lyondell Petrochemical Co. has outlined a venture that would allow increased runs of heavy crude oil at its 265,000 b/cd Houston refinery. Preliminary plans call for Lyondell, Houston, to ally with subsidiaries of Venezuela's Petroleos de Venezuela SA to upgrade heavy crude processing capabilities of the refinery and obtain supplies of heavy crude feedstock. Lyondell proposes to form a jointly owned company with Pdvsa's Citgo Petroleum Corp. subsidiary to take over ownership of the

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