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Venezuela also has 150 trillion cubic feet (4.2 × 10 12 m 3) of natural gas reserves. The crude oil PDVSA extracts from the Orinoco is refined into a fuel eponymously named 'Orimulsion'. [12] PDVSA has a production capacity, including the strategic associations and operating agreements, of 4 million barrels (640,000 m 3) per day (600,000 m 3).
On 29 August 1975, during the tenure of President Carlos Andrés Pérez, "Law that Reserves the Hydrocarbon Industry to the State" was enacted and the state-owned company Petróleos de Venezuela (PDVSA) was created to control all oil businesses in the Venezuelan territory. The law came into effect on 1 January 1976, as well as the ...
On 25 August 2012 at 01:11 (05:41 GMT), an explosion caused by the ignition of a leaking gas at the Amuay refinery killed 48 people, primarily National Guard troops stationed at the plant, and injured 151 others. [12] A 10-year-old boy was among the dead. [13] [14] Three days of national mourning was declared by President Hugo Chávez. [15]
[3] [4] In February 2005, after a PDVSA subsidiary had taken a stake in the joint venture, the project again received approval. [3] ConocoPhillips was the operator of the field and owned 32.5% of the project, with PDVSA through subsidiary CVP holding 35%, Italian company Eni holding 26% and Taiwanese company CPC Corporation holding 6.5%. [2] [4]
Vladimir Putin, on a visit to Qatar, one of the largest gas-producing countries, reached an agreement with the Emir Hamad bin Khalifa Al Thani to coordinate activities in the gas sector. [3] Until 2007, the GECF was a platform for the exchange of experience in the gas sector, which did not have a permanent leadership, budget and headquarters.
LPG distribution in Colombia. LPG distribution in Suriname. LPG distribution in Brazil. LPG distribution in Ecuador. Several types of valve connections for propane, butane, and LPG containers exist for transport and storage, sometimes with overlapping usage and applications, and there are major differences in usage between different countries.
The Coordinadora Democrática, led by the business federation Fedecámaras and the trade union federation Confederación de Trabajadores de Venezuela (CTV), called for a fourth paro cívico, which turned out to be the most serious, and is known as the 2002–2003 oil strike, to begin on 2 December 2002.
Pyrolysis gasoline or pygas is a naphtha-range product with high aromatics content. [1] It is a by-product of high temperature naphtha cracking during ethylene and propylene production, a high octane number mixture that contains aromatics from the aromatization reactions, olefins, and paraffins ranging from C5s to C12s.