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The Paraguaná Peninsula () is a peninsula in Venezuela, situated in the north of Falcón State. The island of Aruba lies 27 km to the north. Bonaire and Curaçao are slightly further away. The Paraguaná Peninsula is connected to the rest of the state by a natural isthmus of Médanos. The Peninsula contains two oil refineries, in the West city of Punto Fijo. The output of these refinieries is shipped internationally through the ports of Amuay and Cardón. The Peninsula of Paraguana lies in the Caribbean.
Because of it being almost completely surrounded by water, the peninsula is sometimes called an island, and is sometimes considered as part of the Leeward Antilles.
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