EL UNIVERSAL
CARACAS, Monday January 05, 2009 | Update
Pdvsa refining capacity tumbled 5.6 percent
The total volume stood at 2.41 million bpd of oil between January and September 2008
Pdvsa's share in total refining of crude oil in the domestic and foreign circuits decreased to 80 percent in 2008 (Photo: Nicola Rocco)
Energy
State-owned oil company Petróleos de Venezuela (Pdvsa)
processed less crude in the domestic and international refining
circuits. Based on the operational and financial report released
by the holding, the total volume stood at 2.41 million bpd
of oil between January and September 2008.
The figure represents a 5.6 percent drop compared to the
same period in 2007, when it was 2.55 million bpd.
The largest reductions came in the medium crude oil supplied
by third parties to refineries. This category ended the nine-month
period in 2008 at 53,000 bpd, which represents a yearly drop
of 55 percent. Further, Pdvsa's heavy crude oil shipments
to refineries totaled 618,000 bpd, or 13.2 percent down from
January-September 2007.
Suhelis Tejero Puntes
EL UNIVERSAL
On the Cover
Works flying high
05:09 PM. Economy. If any country has cashed in on the Bolivarian revolution, that is Brazil, particularly the private companies of the southern neighbor. Over the past five years, it has been awarded contracts for works to be carried out in Venezuela for over USD 14 billion. This puts it as the first recipient of government-to-government contracts, that is, without bidding, since Hugo Chávez took office.
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