FACT SHEET: Why it’s Necessary to Upgrade Venezuela’s Heavy Oils

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(Energy Analytics Institute, 29.Apr.2022) — The purpose for upgrading Venezuela’s heavy and extra-heavy crude oil (EHCO) is to achieve substantial changes in values that determine the quality of the oil.

Such changes include: increasing the API value; reducing viscosity; reducing the content of sulfur, nitrogen, metals; and reducing the Conradson Carbon Residue (CCR), according to BEV C.A., formerly Baker Energy de Venezuela.

Notable byproducts that come about from the upgrading process include petcoke and sulfur.

RELATED STORY: Venezuela’s Faja Contains 1,360 Billion Barrels of OOIP

RELATED STORY: Venezuela’s Heavy Oils and Extraction Strategies

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By Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.

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