new style crude seaweed oil refining processing in venezuela

                                               
                                               
                                               
                                               
                                               
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  • Does Venezuela rely on US refinery technology?
  • The effort by state oil firm Petroleos de Venezuela (PDVSA) and the state-owned National Iranian Oil Refining and Distribution Company (NIORDC) to boost fuel output at the Paraguana Refining Center marks a step toward ending Venezuela's reliance on U.S. refinery technology, the sources said.
  • Will PDVSA reanimate Venezuela's motor fuel production?
  • (Reuters, 8.Jul.2021) ¡ª Venezuela¡¯s state-run oil company PDVSA has started producing two upgraded crude grades for domestic refining, aiming at reanimating the country¡¯s much-needed output of motor fuels, according to a company document and sources close the decision.
  • Which refiners rely on Venezuela?
  • Other refiners such as Chalmette, Saint Charles, and Texas City are highly dependent on Venezuela for more than 60% of their total imports. The average crude quality imported by the refiners running Venezuelan crudes involves a 21.8 degree API and 2.7% sulphur spec crude. Replacing such barrels will be a tall task.
  • Can a US refiner buy Venezuelan oil from Chevron?
  • Valero, PBF and other U.S. independent refiners wouldnot need any new authorizationto buy Venezuelan oil from Chevron. But Citgo, owned by Venezuela's PDVSA, may require clearance from the U.S. Treasury Department since it operates under a license, analysts and experts said.
  • Will Russia replace Venezuelan heavy crude?
  • Venezuelan heavy crude grades, popular among U.S. refiners for producing products from asphalt to motor fuels, had beenpartially replaced by Russian suppliesin the aftermath of sanctions on Venezuela. Some of these companies this week began contacting Chevron, shipping agencies and vessel owners to check timetables, the sources added.
  • What's going on with Venezuela's largest refining complex?
  • REUTERS/Jorge Silva/ Acquire Licensing Rights PUNTO FIJO, Venezuela, Feb 6 (Reuters) - State firms from Iran and Venezuela will start in the coming weeks a 100-day revamp of the South American nation's largest refining complex to restore its crude distillation capacity, four sources close to the plan said.