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Venezuela Orinoco Upgraders

The Orinoco upgraders in Venezuela, including Petropiar and Petroindependiente, and their operations, output, and challenges.

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Jan 15, 2026
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How do upgraders in Venezuela (Petropiar, Petroindependiente) operate and what output grades do they produce?

Petropiar and Petroindependiente are joint-venture upgraders in Venezuela’s Orinoco Belt that transform extra‑heavy, tar‑like crude into lighter, exportable grades by either thermal/processing upgradi...