Report: 7 killed in blast at Venezuela oil refinery

An explosion rocked the Amuay oil refinery in northwestern Venezuela, killing seven people and injuring 48 others, CNN affiliate Globovision reported.

The refinery is part of the giant Paraguana complex -- one of the world's largest. It is in Falcon state.

Venezuela, a founding member of the Organization of the Petroleum Exporting Countries, is one of the world's largest oil exporters.

The nation has a refinery capacity of more than 1 million barrels per day, according to the Organization of the Petroleum Exporting Countries.

Venezuela's oil sector is a big part of its economy, making the nation a major player in the global market.