PDVSA – Matanzas Deep Conversion Refinery – Havana - Project Profile

PDVSA – Matanzas Deep Conversion Refinery – Havana - Project Profile

  • March 2018 •
  • 6 pages •
  • Report ID: 4835477
Synopsis
"PDVSA – Matanzas Deep Conversion Refinery – Havana - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "PDVSA – Matanzas Deep Conversion Refinery – Havana - Project Profile" is part of Timetric’s database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary
Petroleos de Venezuela SA (PDVSA), a Venezuelan state-owned petroleum company, is constructing the Matanzas deep conversion refinery in Matanzas, one of the provinces of Cuba.

The project involves the construction of a new crude oil refinery, storage tanks, distribution channel at the port of Matanzas, 56 miles east of Havana and the laying of pipelines.

The project will be setting up a 50,000-b/d processing capacity refinery which will be equipped to process heavy crude oils.

PetroCaribe also offers member countries financing for their oil purchases. Buyers can finance up to 50% of their oil bill payable in 25 years with a 1% fixed interest rate.

The project was announced in the third quarter of 2008 and is expected to complete the project in the last quarter of 2018.

The construction activities are underway.

Scope
The Matanzas Deep Conversion Refinery project involves the construction of a 50,000bpd capacity refinery in Mantanzas, Havana, Cuba.

The US$4,300 million project includes the following:
1. Installation of distillation units
2. Construction of storage tanks
3. Construction of distribution channel
4. Laying of pipelines

Reasons To Buy
• Gain insight into the project.
• Monitor the latest project developments.
• Identify key project contacts.
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Country=Cuba Industry=Construction ParentIndustry=HeavyIndustry Date=201803 Publisher=Timetric Price=1000