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NABEP Restarts Key Orinoco Belt Furnace in Continued Production Push

Barchart·11/02/2026 15:33:00
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CARACAS, Venezuela, Nov. 2, 2026 /PRNewswire/ -- North American Blue Energy Partners (NABEP) has restarted a key furnace at its Zuata 2 (Petrocedeño) facility in the Orinoco Belt after five years, a step the company expects to add 8,000 to 10,000 barrels of oil per day within the next few weeks. Over a full year, that's between 2.92 million and 3.65 million barrels of crude, worth hundreds of millions of dollars at today's prices, from a single furnace.

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