The Paraguaná Refinery Complex is a crude oil refinery complex in Venezuela. It is considered the world's second largest refinery complex, just after Jamnagar Refinery (India). The Paraguaná Refinery Complex was created by the fusion of Amuay Refinery, Bajo Grande Refinery and Cardón Refinery. The Paraguana Refinery Complex is still the largest refinery in the Western Hemisphere. As of 2012, it refined 955 thousand barrels per day (151,800 m3/d). The complex is located in the Paraguaná Peninsula in Falcón state and the western coast of Lake Maracaibo in the Zulia state. The complex accounts for 71% of the refining capacity of Venezuela and it belongs to the state-owned company Petróleos de Venezuela (PDVSA).