PDVSA to increase heavy crude oil refining capacity
The consortium made of Hyundai Engineering & Construction Corporation Ltd (Hyundai) from South Korea and Wison Engineering Corporation Ltd (Wison) from China selected Technip from France to supply two hydrogen reformers for the Venezuela national oil company (NOC) Petroleos de Venezuela SA (PDVSA) Puerto La Cruz Refinery project.
This Puerto la Cruz Refinery is located 250 kilometers east of Caracas on the north of the Orinoco Belt where lies one of the largest extra heavy crude oil reserves in the world.
With the so called Deep Conversion Project, PDVSA is working to revamp and upgrade the Puerto La Cruz refinery in order to increase its domestic capacity to treat heavy and extra heavy crude oil from the Orinoco Belt in the east of Venezuela.
So far Venezuela did not invest in its refineries so that its actual refining capacities are still aligned on its previous conventional light crude production.
With a total investment of $ 5.2 billion capital expenditure, PDVSA is planning to increase the refining capacity from 180,000 barrels per day (b/d) to 210,000 b/d.
The project includes:
– Upgrade of the two existing distillation units
– Two trains conversion unit
– Three trains sequential hydro-processing unit
– Three trains vacuum unit
– Auxiliary units
– Interconnections and storage facilities
Hyundai – Wison select Technip reformer technology
In compensation, Venezuela is shipping 2 million b/d of crude oil to Japan.
In June 2012, the Puerto la Cruz Expansion Project moved into the execution phase with the $2.993 billion contract being awarded to the Hyundai–Wison consortium for the engineering, procurement and construction (EPC) of the main package.
– Revamping of the existing distillation units
– Auxiliary facilities
– Expansion to 210,000 b/d refining capacities
– Expansion of gasoline, diesel, and kerosene projects
With 135 million standard cubic feet per day (cf/d) capacities, these hydrogen reformers will be designed and engineered by Technip Claremount in California.