Venezuelan oil firm PDVSA activates key unit for gasoline production
With the start of AV3, we are moving forward on import substitution, says Cardón's process manager.
Venezuela's state oil company Petróleos de Venezuela (PDVSA) on Wednesday said it had started the start-up of a key unit to produce gasoline at the Cardón refinery, after six months of repairs.
The return of the operation of the unit will allow the reduction of gasoline imports to which the oil company has had to resort, it added.
The refining circuit of Venezuela records a drop in its operations due to the delay due to years of investments, as well as the lack of light crude, equipment malfunctioning, and other incidents.
The start-up of the plant of High Vacuum 3 (AV3) "means the processing of 23,000 barrels per day of VGO (vacuum gas oil), which serves as a load to the catalytic cracking unit (...), a fundamental process for the production of fuel (gasoline), "PDVSA said in a statement.
Cardón and its neighbor Amuay are part of the giant Paraguaná Refining Center (CRP), located in the northwest of the South American country, which has a total processing capacity of 955,000 barrels per day.
"With the start of AV3, we are moving forward on import substitution, because we can produce 690,000 barrels of VGO per month, which translates into a ship less import of the component in that period," said Cardón's process manager Marcel Amundaraín, it's a statement.
The oil company added that with the activation of the AV3, together with the recent activation of Amuay's number 4 distillation plant, savings of 127.1 million dollars per month in VGO purchases will be achieved.
Venezuela is an important producer of oil, but its pumping has decreased in recent years. Its refining network of 1.3 million barrels per day needs maintenance and a large volume of light crude that the country is not producing in its entirety.