Several candidates to operate refinery | THE DAILY HERALD

In his role as shareholder representative of Isla refinery holding “Refineria di Kòrsou” Rhuggenaath met with Venezuela’s Oil Affairs Minister and President of “Petroleos de Venezuela” PDVSA Manuel Quevedo on Monday. Various topics were discussed during the meeting at Isla’s headquarters, such as a possible restart of the refinery and PDVSA’s interest to stay on as operator after its current lease runs out. Additionally, Quevedo indicated that the state-run company is doing everything in its power to guarantee the salaries of Isla employees up to and including December.

WILLEMSTAD–Curaçao Prime Minister Eugene Rhuggenaath is relieved that several companies want to become government’s new strategic partner for the local Isla refinery.

According to him, more than one proposal has been submitted. Negotiations will now continue with these candidates.

Rhuggenaath said recently that he was confident a contract could be signed with the refinery’s tenant in November of this year. The current lease contract with troubled “Petroleos de Venezuela” PDVSA expires at the end of December.

Names of parties that have shown interest and are still in the running under negotiation may not be disclosed until that time, Rhuggenaath reiterated.

Source: The Daily Herald