PDVSA aims to export up to 1.6 million tonnes of petroleum coke in 2023. Credit: testing via Shutterstock. Venezuelan Government-owned oil and natural gas company PDVSA has signed two new petroleum coke contracts this month, reported Reuters, citing internal company documents. Under the contracts, PDVSA aims to export up to 1.6 million metric tonnes of petroleum coke in 2023. Last month, PDVSA suspended the contract with Maroil following concerns regarding receivables and the validity of the contract. Power plants and cement kilns use fuel-grade petroleum coke produced in Venezuela, since it has a very high heating value and produces almost no ash when burned.

Source: Daily Nation July 21, 2023 11:02 UTC