Iran To Help Venezuela Overhaul Major Refinery Complex ...Middle East

Economy by : (OILPRICE) -
Venezuela’s Paraguana refinery complex is soon to begin a 100-day overhaul to reclaim its crude distillation capacity, anonymous Reuters sources suggested on Friday, with work set to be completed as a joint effort by Venezuela’s PDVSA and National Iranian Oil Refining and Distribution Company (NIORDC). Iran’s assistance with Venezuela’s Paraguana Refining Center—the nation’s largest—looks to ease Venezuela’s reliance on U.S. refinery technology. Over the past decade, Venezuela’s oil industry…

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