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Venezuela's Largest Oil Refinery Resumes Operations

Venezuela's Largest Oil Refinery Resumes Operations

CointimeCointime2026/07/03 14:07

On July 3, three sources reported that Venezuela's largest refinery, the Amuay refinery with a processing capacity of 645,000 barrels per day, has resumed operations after a power outage on Friday. It is currently processing approximately 140,000 barrels per day of crude oil, and the fluid catalytic cracking unit (FCC) has also restarted. Following two earthquakes last week that caused significant casualties, several refineries in Venezuela were affected by power outages. Additionally, sources indicated that the El Palito refinery, with a processing capacity of 146,000 barrels per day, has regained power, but staff have not yet been able to restart the production units.

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