PDVSA’s Domestic Refineries Producing Only 230,000 b/d

(Piero Stewart, Energy Analytics Institute, 18.Feb.2024) — Venezuela’s state-owned oil giant Petróleos de Venezuela (PDVSA), which has a total processing capacity of 1.303 million b/d from its six domestic refineries – Amuay, Cardón, Bajo Grande, Puerto la Cruz, El Palito and San Roque – is only producing 230,000 b/d, according to an oil sector union leader now living in exile.

Amuay and Cardón, which comprise the Paraguana Refining Center (CRP), are only producing 150,000 b/d, Iván Freites told Energy Analytics Institute (EAI) via WhatsApp. When he lived in Venezuela, Frietes represented the United Federation of Venezuelan Oil Workers (FUTPV)

PDVSA’s Puerto La Cruz refinery is processing 80,000 b/d, while the other refineries are reportedly not producing any products, Freites said. 

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