05 June 2012 16:39 [Source: ICIS news]
MEDELLIN, Colombia (ICIS) --Petroleos de Venezuela (PDVSA), the state-owned oil giant, is halting the catalytic cracking unit of its El Palito refinery for preventative maintenance, the company said on Tuesday.
Venezuela's refining circuit has reported several incidents in the past year that have affected the production capacity of refined products and forced Venezuela to look for more product out of the US Gulf and Europe.
In January, workers took the cracking unit offline for two weeks to make repairs following a valve system problem.
During 2011 the Palito refinery plant had chronic operational problems, according to sources familiar with operations.
The refinery, which is located in the state of Carabobo, can process up to 146,000 bbl/day.
($1 = €0.80)
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