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Petroleum Refining

Deep Conversion Project Begins at Puerto La Cruz Refinery in Venezuela

Petroleos de Venezuela S.A., Venezuela's state-owned oil company, is proceeding with the $1.6 billion Deep Conversion Project at the 200,000-barrel-per-day Puerto La Cruz Refinery.

Released Wednesday, June 09, 2010

Deep Conversion Project Begins at Puerto La Cruz Refinery in Venezuela

Researched by Industrial Info Resources (Sugar Land, Texas)--Petroleos de Venezuela S.A. (PDVSA) (Caracas), Venezuela's state-owned oil company, is proceeding with the $1.6 billion Deep Conversion Project at the 200,000-barrel-per-day (BBL/d) Puerto La Cruz Refinery, in the state of Anzoategui, Venezuela.

The scope of the project involves the revamping of the 80,000-BBL/d DA-1 and 58,000-BBL/d DA-2 atmospheric distillation units, to process 80,000 and 90,000 BBL/d of heavy crude oil; and the construction of new units, including two 65,000-BBL/d Vacuum Units, two 25,000-BBL/d HDH PLUS (hydrocracking) units, two 50,000-BBL/d SHP (sequential hydroprocessing) units, a 37,000-BBL/d gas recovery unit, auxiliary units, service units, interconnections and tanks.

The Venezuelan technolgy HDH PLUS/SHP, created by Intevep (Caracas), will adapt the refinery to process heavy and extra-heavy crude oil and cover the domestic demand, as well as export lights products (gasoline, jet, diesel and naphtha). By doing this, PDVSA will satisfy international market regulations and improve refining margins in harmony with the environment and the social environment of the facility.

Inelectra (Caracas) is responsible for the engineering, procurement and construction phase. The project is scheduled to be completed for the third quarter of 2013.

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