News Pdvsa unit lands biggest Asian supply contract for Orimulsion

Venezuela's Bitumenes Orinoco (Bitor) soon will sign a deal to sell 3.4 million tons/year of Orimulsion to Taiwan, matching its biggest sale to date. Orimulsion is an emulsion of extra heavy crude oil, water, and a surfactant that is designed to back out coal as a low cost, environmentally preferred boiler fuel. Bitor is a subsidiary of state owned Petroleos de Venezuela SA (Pdvsa). ush

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