Page 9 - LatAmOil Week 27 2022

LatAmOil VENEZUEL A LatAmOil

The Cardon refinery is a part of the Paraguana Amuay and Cardon plants are in the west.
refinery complex, which has a combined capac- PdVSA’s refineries have a joint installed
ity of 955,000 bpd. capacity of about 1.3mn bpd. However, they
According to Reuters, the incident has not have been operating far below full capacity in
brought PdVSA’s gasoline production to a com- recent years, largely owing to US sanctions that
plete standstill, as the company’s other down- discourage foreign investment in the Venezue-
stream facilities are still turning out gasoline, lan oil industry. ™
along with its components and blendstocks.
The news agency’s sources said that the NOC’s
largest stand-alone refinery – the Amuay plant,
which has a throughput capacity of 645,000
bpd – was processing 60,000 bpd in its catalytic
cracker and producing 38,000 bpd of naphtha as
of June 29. In turn, they said, other units of the
Paraguana complex are using naphtha from the
Amuay plant and components from their own
inventories to produce 80,000 bpd of gasoline.
At the same time, two sources told Reuters
separately that PdVSA’s 187,000 bpd Puerto de
la Cruz refinery was turning out 18,000 bpd of
high-octane gasoline. It was probably not doing
so in connection with the other plants, as it is
located on Venezuela’s eastern coast, while the The Cardon refinery is part of the Paraguana complex (Photo: Mercopress)

GUYANA
ExxonMobil rep says Gas-to-Energy project

will help Guyana keep emissions down

LIAM Mallon, the president of ExxonMobil the GTE scheme would give Guyana steady,
Upstream Co., a unit of the US-based super-ma- reliable and adequate access to cleaner sources
jor ExxonMobil, has said that the Gas-to-Energy of fuel for electricity generation and other uses.
(GTE) project now underway in Guyana will “This project will produce half the emissions
play a major role in reducing the South Ameri- that your current alternative for power [does],
can state’s greenhouse (GHG) gas emissions. and it represents a huge shift from heavy fuel oil
Speaking at an event in Georgetown hosted to a cheaper, cleaner and more reliable energy
by President Irfaan Ali, Mallon explained that source for the country,” he said.

Rendering of Wales special industrial zone, with Marine Off-loading Facility and gas plant (Image: Gov’t of Guyana)

Week 26 30•June•2022 www. NEWSBASE .com P9