Catalytic cracker resumes operations in Curacao-based Isla oil refinery
The refinery, operated by Venezuelan state-run oil company Pdvsa, processes 335,000 barrels per day at full capacity
So far this year, the refinery has been working at some 50% of full capacity (335,000 bpd) due to constant failures in water, steam, and electricity supply amidst faulty operations in Pdvsa's refinery circuit in Venezuela.
"We are resuming operations in the FCCU (Fluid catalytic cracking unit). The refinery has been relying on its own water supply service to avoid interruptions," the union's president said.
The catalytic cracker, which aims at producing light by-products such as gasoline and diesel, has only operated four months this year (March through July) despite attempts to bring operations back to normal.
"Start-up will take nearly four days. We are taking our time to avoid failures," Meier noted.
Translated by Jhean Cabrera
A group of some 60 Venezuelan economists from across the country and from different generations and backgrounds, has met regularly in the past couple of years and now has brought forth a document explaining the reasons of the current emergency and outlining specific proposals on how to address the serious economic crisis the country has plunged into over the last three years.