The Venezuelan oil company resumed gasoline production at the Kardon refinery

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Reuters

The Venezuelan oil company resumed gasoline production at the Kardon refinery

Two well-informed sources said that the Venezuelan state-owned oil company, Petroleos de Venezuela, has resumed gasoline production at its 310,000 bpd refinery.

A unit of the refinery, which is essential to produce gasoline, stopped the activity last week after a fire in the facility, which was contained quickly.

The two sources said that the refinery resumed production in the days following the accident and is now producing about 30,000 barrels per day of gasoline.

Petrolios de Venezuela did not respond to a request for comment to Reuters.

And Cardon is the only refinery that currently produces gasoline in Venezuela, which stopped most of its network of refining capacity of 1.3 million barrels per day after years of lack of investment and the absence of maintenance.

US sanctions on the company also choke most gasoline imports.

Source: Reuters





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