Published On: Tue, Nov 22nd, 2016

Isla refinery in trouble

oil refinery fireWILLEMSTAD – The Venezuelan State Oil Company PdVSA is in trouble. According to the Prime Minister of Curaçao Dr Bernhard Whiteman, managers must hand in their car and there is no money to fund the traditional Christmas decorations and carnival parades.

Staff over 60 years old do not have to continue working until retirement. In the Heads of Agreement which was signed last Saturday with the Chinese company Guangdong Zhenrong, it was agreed that the company can take over the oil refinery earlier than 2019 if it goes all wrong with PdVSA. The contract with PdVSA will expire in that year.

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