Crisis- and sanctions-hit Venezuela is struggling with resuming gasoline production at its refineries, restarting and shutting various units again at some of its still operating refineries in recent weeks. Most recently, PDVSA, the state oil firm of the country sitting atop the world’s largest crude oil reserves, has resumed gasoline production at the reformer unit of its Cardon refinery, by processing naphtha and raising its octane levels, five people with knowledge of the matter told Reuters on Monday. The reformer unit at Cardon—a refinery with a nameplate capacity of 310,000 barrels per day (bpd)—currently produces around 25,000 bpd of gasoline from naphtha for the domestic market, Reuters’ sources said. In the middle of July, PDVSA resumed gasoline production at Cardon, which was at the time the only operating refinery in the country that is experiencing severe gasoline shortages. However, the fluid catalytic cracking (FCC) unit at Cardon was halted […]