Since Venezuelans don't have the money to buy anything anyway it probably won't be noticed that one of Venezuelans giant petrochemical plants has shut down due to a lack of natural gas. Apparently, shut-downs are hardly new.
Story over at ArgusMedia:
Venezuela's shortage of
natural gas has forced state-owned petrochemicals firm Pequiven to
almost completely shut down the 3mn t/yr El Tablazo complex in Zulia
state, according to a recent internal report obtained by Argus.
The
Pequiven report on El Tablazo's operational status dated September 2017
shows that state-owned oil company PdV's failure to supply El Tablazo
has cascaded across the complex.
El Tablazo's biggest operational
problem is a lack of reliable gas supplies, the report says. Frequent
plant equipment breakdowns, regional power outages and a critical
shortage of hard currency to finance equipment and feedstock imports are
also major factors in El Tablazo's operational paralysis.
El
Tablazo's two olefins plants shut down on 24 July and 13 September,
respectively, because of insufficient propane/ethane feedstock, the
report notes. Lack of gas also forced Pequiven to shut down MVC and PVC
production at about mid-year.
Pequiven's polypropylene and
polyethylene units at El Tablazo, including Polinter, Propilven and
Pralca, have also been forced to suspend production because of the gas
shortage.
Much more at the link.
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