PDVSA to invest $ 360 mm in Curacao refinery

Dec 13, 1996 01:00 AM

Venezuela's PDVSA plans to double gasoline and naphtha output from its Curacao refinery to 120,000 bpd over the next six years through a $ 360 mm investment program. The increased gasoline and naphtha output will come at the expense of residual fuels such as bunker fuels and heating oil. Curacao refinery currently has an overall refining capacity of 160,000 bpd of which just 60,000 bpd is gasoline production. The additional gasoline output will be used to meet growing demand in the Caribbean.

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