That’s just it. Shouldn’t Venezuela’s refineries be designed to handle heavy crude?
one would think, but the heavy crude is not what the country of Venezuela started. It was light, sweet crude that was initially produced. The heavy crudes is what most of the oil in the country has, and they now have resorted to tapping it.
The wise men of this country 25-30 years ago thought it would also happen here in this country, and reconfigured many of the refineries toward utilizing heavy crude. We wound up not need to as most of our crude remains not heavy.
Maybe Venezuela can rely on their free market to make new refineries. Oh, I forgot they got rid of their free market.