Venezuela’s PDVSA to keep producing, exporting oil previously handled by Chevron, document says

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(Reuters) – PDVSA has combined three operational scenarios as a Chevron’s largest joint venture and export planning program when a license expires in the country.

This month, US President Donald Trump administration gave Chevron 30 days to drive all oil operations and exports from Venezuela to the United States in early April.

Chevron presents presence in South American sanctions through joint ventures, where PDVSA is the largest shareholder, the huge project of which is the most important partnership.

Venezuelan’s brand plans plan to provide 55,000 to 138,000 barrels on Hamas’s heavy raw materials at Petropiar, when the Chevron license ends in recent months.

Depending on the script scenario will be sent to local recycling factories, such as several products like vacuum gasoline, and another part will be exported to markets other than the United States.

Vacuum Gasal allows PDVSA to produce low octane gasoline for internal distribution.

The main goal of PDVSA to maintain the output level of the fiber and avoid the need to terminate the re-equipment.

PDVSA and Chevron have not answered immediately to comment queries.

PDVSA will recycle the largest importance of the imported Nafta, while supplied its largest various complexes, supplementing its largest various complexes, to have possible shortage of dilution.

A dynamic banking movement, which currently allows Chevron to move to Venezuelan raw home ports before minimizing exports.

It is envisaged that the current Petropiar raw materials will be out of service to produce other products from raw material oil, which is similar to 2020, when the Chevron License will be presented.

(Report by Reuters: Written by Marianna Accessa; Editing by Lisa Schumyk)

 
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