04252024Thu
Last updateSun, 04 Feb 2024 4am

Chiyoda Wins Oil Refinery Expansion Project in Venezuela

Chiyoda Corporation together with JGC Corporation and Inelectra SACA (Venezuelan Engineering company) has been awarded a contract for the detail engineering, procurement, support and construction management services, associated with constructing heavy crude oil upgrading facilities in the Puerto La Cruz Oil refinery by PDVSA Petroleo, S.A.

The Puerta La Cruz Oil refinery is located about 300 km east of Caracas, the Venezuelan capital. The cost-reimbursable contract calls for the construction of heavy crude oil upgrading facilities with a capacity of 210,000 b/d. The facilities will be first in the world to commercially employ the HDH Plus heavy crude oil cracking process technology, which was developed independently by PDVSA The Puerto La Cruz refinery currently specializes in light crude oil products, and addition of heavy crude oil facilities is expected to bring a large increase in revenue a well enabling more efficient use of non-renewable petroleum resources, making this project a significant asset to the Venezuelan economy.

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