The Paraguana Refining Center, home to
the Amuay and Cardon refineries along Venezuela's western coast, has reduced
output repeatedly in recent months, contributing to intermittent fuel shortages
in the South American OPEC nation. PDVSA had planned for Paraguana to process
385,000 bpd this month, according to internal company documents seen by
Reuters. But it is currently operating at 34 percent of capacity and output is
likely to come in well below the October target. The complex had been operating
at 42 percent of capacity in August. More…
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