Pdvsa reveals losing operational capacity in Venezuelan main refineries
Based on a report produced by state-run oil holding Petróleos de Venezuela (Pdvsa), Amuay refinery is processing 345,000 barrels per day out of a capacity of 645,000 barrels
The report came five months after a blast that unleashed the worst tragedy in the Venezuelan oil history.
The Venezuelan government has provided several dates for the full restoration of Amuay. This, together with neighboring Cardón, comprised the Paraguaná Refining Center (CRP). The complex has not gotten back to normal. As a result, Venezuela needs to keep on importing fuel.
Amuay refinery is processing 345,000 barrels per day out of a capacity of 645,000 barrels. Cardón, for its part, is refining between 194,000 and 310,000 barrels per day of crude oil, out of a capacity of 310,000 bpd, the report of January 18 found.
In this way, the CRP is processing around 551,000 bpd, out of a total capacity of 955,000 bpd.
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.