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CC | “PAR leader expresses concerns over refinery deal: A closer look at cabinet Pisas’s latest moves”

HomeLandenCuraçaoCC | "PAR leader expresses concerns over refinery deal: A closer look...

WILLEMSTAD – Quincy Girigorie, the political leader of the PAR party, has voiced strong reservations in response to recent developments surrounding the refinery, urging the government to “cease manipulating and insulting the intelligence of the people!”

Girigorie emphasizes the need for transparency, accusing the current administration of obscuring facts and not governing in an open manner.

In a retrospective analysis, it is revealed that on December 31, 2019, following the termination of the contract with PDVSA, RdK, under the leadership of Marcelino De Llannooy, claimed nearly 1 billion dollars from PDVSA for overdue maintenance and other debts.

The claim underwent arbitration until 2023, and recent media reports suggest that RdK and PDVSA have reached an agreement, with crude oil accepted as payment.

Cabinet Pisas’s assertion of a finalized deal with PDVSA to operate the refinery has reignited concerns about manipulation and intelligence insult within the community.

Commendation is extended to De Llannooy and Eugene Rhuggenaath for their decision in 2019 to pursue a claim against PDVSA, aiming to secure what is owed to Curaçao.

The pressing question raised by PAR pertains to whether RdK will relinquish ownership of the Bullenbaai oil refinery as part of this agreement.

As part of the deal, RdK is slated to receive 450 million dollars in crude oil from PDVSA over the next decade. This supply can be sold on the international market and used for refining purposes once a new operator takes charge.

However, significant investments in overdue maintenance are imperative for the successful operation of the refinery, a key factor leading to the initial claim.

The status of negotiations with potential new operator Oryx Petroleum is currently pending, with incomplete due diligence prolonging the agreement for operation.

It is emphasized that, as of now, no definitive agreement has been reached with a new operator for the refinery. The resolution of RdK’s 2019 claim indicates progress toward payment, urging a halt to any further insult to the intelligence of the people.

An additional inquiry surfaces regarding accountability for individuals involved in smuggling Venezuelan oil into the Bullenbaai tanks – a matter that remains unresolved.

Bron: Curacao Chronicle

4 reacties

  1. @Dislect

    De olie kan gewoon worden gemengd met light sweet crude en vervolgens worden verkocht. Dit is al veel vaker gedaan dus niets nieuws.

  2. The claim was a billion dollars shrunk down to 420 million dollars to be paid in oil over a period of 10 years.
    Good deal great.
    Most of it is made on not performing maintenance, not in upgrades.
    So the refinery needs almost a billion dollars to start working again.
    A new company wil not invest this to make the refinery work again.
    That means that the oil will stay in storage until sold. In the meantime the storage capacity used for this oil can not be rented to any other company giving the island a loss of income.
    Really a good deal.
    In the meantime the rdk still has a board of directors, staff and security so it still costs money.
    This money is paid by taxes.
    Please scrap the plant as soon as possible.
    The value of the scrap will not be enough to pay for everything but the longer delayed the less the value and the longer the financial burden on the taxpayers.

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