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RE: PDVSA Petrozuata Postpone T/A August 40 days

Home Forums Coking News: DCU, Upgrader 3.Upgrader (registered users only) PDVSA Petrozuata Postpone T/A August 40 days RE: PDVSA Petrozuata Postpone T/A August 40 days

#5319

Charles Randall
Participant



Bureaucrats and Financial types (&/or Upstream types as well) never seem to learn that Refineries have no control over downtimes – you either schedule it or it falls down and then cost twice as much and takes twice as long to fix than the shorter scheduled T/A would have. As article mentions PetroAnzoategui (former Petrozuata before COP’s JV Asset was stolen/nationalized) has been plauged by problems and equipment failures postponing is not only risky in refining industry it usually only works on paper.
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