The Puerto la Cruz oil refinery is located about 300km east of Caracas, the Venezuelan capital.
Under the terms of the contract, JGC will provide the detailed EPC services in addition to construction of heavy crude oil upgrading facilities with a capacity of 210,000 barrels/day.
The facility will commercially employ the HDH Plus heavy crude oil cracking process technology, which was developed independently by PDVSA.
Currently, the Puerto La Cruz refinery specializes in light crude oil products, and addition of heavy crude oil facilities is expected to bring a large increase in revenue.
Furthermore, it also enables more efficient use of non-renewable petroleum resources, making this project a significant asset to the Venezuelan economy.
The total investment of client is estimated about $5bn.
JGC will undertake the project as leader of a consortium including Chiyoda Corporation and Inelectra, a Venezuelan engineering company.
