Aruba ends contract with Citgo to operate island refinery -PM

Oct 9 (Reuters) – Aruba on Wednesday reached an agreement with U.S. based Citgo Petroleum Corp. to end its contract to refurbish and operate the island’s refinery, a statement from the island’s prime minister said.

The Caribbean nation plans to pursue outside candidates to take over the 209,000 barrel per day refinery, said Prime Minister Evelyn Wever-Croes. The refinery has been idled due to U.S. sanctions on Citgo’s parent Venezuelan state oil firm PDVSA. (Reporting by Sailu Urribarri; writing by Gary McWilliams, editing by Deepa Babington)

This post was originally posted on Reuters: Company News – View Original Article

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Haber vivido e invertido en Venezuela a tiempo completo durante los últimos ocho años y haber visitado los doce años anteriores. Estudió y siguió de cerca los desarrollos en Venezuela desde 1996.