Puerto La Cruz - Economy

Economy

Puerto La Cruz is home to Puerto La Cruz refinery, one of the largest oil refineries in the country, which, with its 200,000 barrels (32,000 m3) per day processing capacity, supplies the domestic market and exports to other Caribbean countries such as Cuba and the Antilles. Also, at 50 kilometres (31 mi), José Plant is one of the primary processing facilities of the largest Venezuelan oil company, PDVSA and is a major refining hub for the crude extracted in the states of Monagas and Anzoátegui.

Puerto La Cruz is the terminus of the 145 km (90 mi) Carapito-Puerto la Cruz oil pipeline, the 155 km (96 mi) San Joaquin-Puerto la Cruz oil pipeline and the 184 km (114 mi) Anaco-Puerto la Cruz gas pipeline.

The city is the gateway to a large national park. The beaches of Mochima National Park surround the city. Places such as Isla de Plata, Playa Conoma, Isla Arapo and Playa Arapito are known for their beauty.

To the west of the city is the terminal of one of the main ferry lines linking Isla Margarita with the mainland, while to the east is a private marina that caters for tourists and visitors. Day trips are available to visit national park islands such as Playa El Faro, Los Chimanas, Cachicamo and Isla Borracha.

In addition to tourism, the major international banks have established their regional headquarters in the city. A large number of commercial businesses, and large shopping centers are progressively being developed.

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