HENLEY <HENG.O> HAS VENEZUELAN REFINERY PROJECT Henley Group Inc's M.W. Kellogg Co subsidiary said it in consortium with <Inelectra> received a contract from Corpoven S.A., a Venezuelan-owned domestic oil company, to revamp and expand its El Palito Refinery. Kellogg said the installed cost of the work to be performed is estimated to be 130 mln dlrs. Inelectra, Kellogg said, is a major Venezuelan engineering firm. Kellog said the project will enable the refinery to produce BTX products -- benzene, toluene, and orthoxylene -- by processing naphtha feed from an expanded reformer-hydrotreater. Kellogg said the refinery's reformer-hydrotreater will be upgraded to 9,500 barrels a day capacity from 7,500. It said the new BTX process units include aromatic extraction, xylene fractionation, xylene isomerization and thermal hydrodealkylation. Kellogg pointed out that Venezuela now imports all of its BTX aromatics.