The development stages:Under Construction/2010-08.The investment is US$2.97bn.The Batalla de Santa Inés refinery (also known as Barinas refinery) will be ramped-up in a two-phase development strategy. The first phase of the refinery will include regular gasoline, diesel and fuel oil processing, and the second phase of the development of the refinery will add more capacity to process premium gasoline, kerosene, A-1 jet fuel and liquefied petroleum gas (LPG).