Curacao Weighing Bids to Restart, Run the Island's Oil Refinery
04.04.2022 By Ricardo Perez - NEWS

April 4, 2022 [Reuters] – Curacao plans to select an operator by mid-year from among proposals to restart and operate the Caribbean island’s oil refinery and take over its oil-storage terminal, state-owned Refineria di Kòrsou (RdK) said on Sunday.

 

Curacao’s 330,000-barrel per day Isla refinery was idled in 2018 amid a payment dispute between then-operator Petroleos de Venezuela (PDVSA) and U.S. oil company ConocoPhillips. PDVSA’s lease expired at the end of 2019 and subsequent attempts by the island’s government to recruit a successor stalled.

At least three companies have submitted binding proposals, RdK said in a release without identifying them.

Officials from several companies have visited the refinery in Willemstad and the oil storage terminal in Bullenbaai, RdK said. A selection committee is evaluating the proposals.

“The results of the evaluation will be presented to the Supervisory Board and ultimately to the … Government of Curaçao,” with an aim to have an agreement “no later than mid-year,” RdK said in a statement.

RdK did not immediately reply to requests for comment on Sunday.

Local media citing S&P Global Platts reported bidders include former operator PDVSA; Grupo Aldea, a closely held Venezuelan company; and a Venezuelan firm organized by the former presidents of PDVSA and Cartagena Refinery.

Pro Trial: Access 10,390 Tank Terminal and Production Facilities

10,390 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

No-shipping Zone Established In Baltic Sea After Nord Stream Gas Leak
10.05.2022 - NEWS
October 5 , 2022 [Safety 4 Sea] – Denmark imposed a no-shipping zone in Baltic Sea after Nord ... Read More
US EPA Revokes Permit For Oil Terminal Off Texas
10.05.2022 - NEWS
October 5 , 2022 [Safety 4 Sea] – The U.S. Environmental Protection Agency (EPA) has revoked th... Read More
Eesti Gaas CEO: Gas Market Competitiveness Needs Access to LNG Terminal
10.05.2022 - NEWS
October 5 , 2022 [ERR News] – The CEO of natural gas supplier Eesti Gaas, Margus Kaasik, says t... Read More
OPEC & Allies Alert to Changes in Crude Oil Market: Official
10.05.2022 - NEWS
October 5, 2022 [Ukranews] – The secretary general of the Organization of the Petroleum Exp... Read More