Pequiven, PDVSA Gas complete maintenance affecting joint ventures

10 April 2012 21:43  [Source: ICIS news]

CARACAS (ICIS)--Venezuelan state petrochemical company Pequiven said on Tuesday it had completed major maintenance work on a methane gas line that provided feedstock for several manufacturing joint ventures with foreign partners.

The companies affected by the maintenance were Super Octanos, a joint venture between Italy’s Snamprogetti and Pequiven that makes gasoline additives such as methyl tertiary butyl ether (MTBE); Metor (a methanol manufacturer whose other partners include Mitsubishi, The World Bank’s IFC and local group Polar); and Supermetanol, also a methanol maker.

PDVSA Gas, a subsidiary of state oil company PDVSA, furnishes the methane for the joint ventures’ plants.

The methane line fed 180m cubic feet/day to the three joint ventures, according to Pequiven.

Author: Carlos Camacho

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