CARACAS, Venezuela (AP) October 19, 2007 — Venezuela’s Cardon oil refinery, one of the country’s largest, was partially shut down due an electrical outage early Friday, the state oil company said.
The outage caused no damage, and backup inventory is allowing fuel shipments to continue uninterrupted, Petroleos de Venezuela SA, known as PDVSA, said in a statement.
“PDVSA guarantees the supply of fuel to national and international markets,” the company said. “Sufficient inventory of products exists in the fuel distribution systems and storage tanks.”
The Cardon refinery is part of the Paraguana Refining Complex, which processes about 900,000 barrels of crude and 200,000 barrels of gasoline a day. Venezuela is the world’s eighth largest exporter of crude oil.