Exclusive: Iran to start revamp at Venezuela's largest refining complex within weeks - sources

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Exclusive: Iran to start revamp at Venezuela's largest refining complex within weeks - sources
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State firms from Iran and Venezuela will start in the coming weeks a 100-day revamp of the South American nation's largest refining complex to restore its crude distillation capacity, four sources close to the plan said.

with PDVSA in May to repair Venezuela's smallest refinery, the 146,000-bpd El Palito in the center of the country, a project that is currently underway.

The embassy did not answer calls seeking comment on their talks. PDVSA, NIORDC and Venezuela's oil ministry did not reply to requests for comment. Iran will be in charge of parts procurement, installation and inspection before handling the refinery's operations back to PDVSA, two of the people said. Iran's technicians also are considering adding upgraded crude from the Petromonagas project, a PDVSA joint venture with a Russian state oil company, one of the people added.

Venezuelan officials have been assigned the task of finding temporary housing and vehicles for the workers, including the possibility of building a camp close to Paraguana, one of the sources said.

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