PEQUIVEN.
PEQUIVEN, a state-run petrochemical petrochemical, any one of a large group of chemicals derived from a component of petroleum or natural gas. The cracking processes for manufacturing gasoline produce vast quantities of gaseous hydrocarbons. producer, and U.S. oil giant
Chevron canceled a US$1.5 billion chemicals joint venture. The deal,
which was signed in 1997, aimed to produce 1.7 million tons of
aromatics, the building blocks of plastics, solvents and
pharmaceuticals. It was to be constructed in the Paraguana peninsula A peninsula is a piece of land that is bordered on three sides by water. A peninsula can also be a headland, cape, island promontory, bill, point, or spit.[1] Europe
- Europe itself is a peninsula.
in
northern Venezuela Venezuela (vĕnəzwā`lə, Span. vānāswā`lä), officially the Bolivarian Republic of Venezuela, republic (2005 est. pop. 25,375,000), 352,143 sq mi (912,050 sq km), N South America. .
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