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Curacao to Choose New Refinery Operating Partner by November

Reuters, July 17, 2019
Reuters

Curacao will start evaluating up to 10 proposals from energy firms interested in becoming a partner in the Caribbean nation’s 335,000-barrel-per-day oil refinery, according a statement on Tuesday by the government owned Refineria di Korsou. The company said it has signed non-disclosure agreements with 12 companies, which it did not name, and expects to reach an agreement with a potential partner by November. The Isla refinery, operated by Venezuela’s state-run PDVSA under a contract that will expire at the end of 2019, has been largely idled this year due to lack of crude following U.S. sanctions on PDVSA.


(Reporting by Sailu Urribarri, Writing by Marianna Parraga)

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