Venezuela Manages to Reactivate Part of its Crude Production

After two major blackouts that affected the country during the month of March, oil production in Venezuela was finally reactivated in the Carabobo Division of the Orinoco Oil Belt of PDVSA.

Thanks to the activation of a TG200 turbogenerator within the Morichal Electric Generation Plant, the state’s workers will be able to start recovering crude production, which again in March was below one million barrels per day.

The Venezuelan state oil company reported that the activation of the generator will provide the necessary electrical power for the processes of the division. This turbogenerator can guarantee the generation of about 50 MW, allowing the connection on a first phase to the Division’s Electrical Services Management.

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With the activation of this turbogenerator, the Merey crude will be pump from the Morichal Operating Center and, at the same time, the EP 12 Diluent Rebombing Plant and the extra heavy crude zone of the Morichal District and Petroindependence will be reactivated.

 

They also seek to provide electricity to the communities surrounding the oil company installation. On the other hand, Pdvsa aims to short-term the works that are being carried out in the cooling system, which will increase the generation of energy to 45 MW, helping the activities in the oil field to work even more efficiently.

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According to data from the Energy Information Office (EIA) published in its weekly report, Venezuela is urged to comply with its production quota established by the commitments it has acquired with nations such as China and Russia.

On the other hand, the document points out that India and some European countries continued to buy oil from Venezuela in March, despite the sanctions imposed by the United States.

The EIA adds that it is very likely that Venezuela will keep some loads of crude oil destined for export in floating storage until it finds buyers.

 

Source URL: Supuesto Negado

Translated by JRE\EF

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