Citgo Corpus Christi small gasoline unit idled on economics
HOUSTON (Reuters) - Citgo Petroleum Corp idled the small gasoline-producing unit at its 157,500-barrel-per-day (
The 13,000-
The sources said FCCU 1 was not profitable for the refinery to operate.
Citgo is majority owned by the Venezuelan state oil company PDVSA, whose refining network operated at reduced rates last year amid lack of spare parts, underinvestment and insufficient flow of light crude to mix with Venezuela’s heavy and extra heavy grades.
Reporting by Erwin Seba; Editing by Sandra Maler and Grant McCool
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