Reficar renovations will give Colombia the most modern refinery in Latin America
Renovations to the Cartagena Refinery (Reficar) plant will place Colombia at the top of the list of the most modern refineries in Latin America. According to the company’s estimates, in just a few years the company could go from producing 25,000 bpd to 40,000 by integrating the old facility with the newly expanded one.
Crude oil would also improve in quality going from 1,200 sulfur parts per million, to less than 30. Diesel fuel production is also expected to increase in both quality and quantity, from 28.000 bpd to 110,000, of which 75 percent would be for exports.
A specific date for all the projects to be finished by has yet to be announced, but the company expects to have more specific information in about two weeks.