(Energy Analytics Institute, Piero Stewart, 28.Apr.2016, Words: 285) — PDVSA has started work on the heavy oil treatment plants at the joint-venture companies Petrolera Sinovensa and Petrocarabobo, located in the south of Monagas and Anzoátegui states, respectively.
Investments in the Petrolera Sinovensa plant are expected to total $40 million plus an additional 600 million Venezuelan bolivars. Construction of the plant will generate 220 direct and 600 indirect employment opportunities, reported PDVSA in an official statement on its website, citing PDVSA Exploration and Production Vice President Orlando Chacín. The project contemplates the construction of 12 plants with 100,000 barrels per day of capacity over the next five years.
