Published On: Fri, Jan 16th, 2015

Legislation for oil and gas ready for parliament

oil refineryWILLEMSTAD – According to the Prime Minister of Curaçao, the legislation, which deals with the oil and gas and also the exploration in the territorial waters of the island is ready to be treated by the parliament of Curaçao.

“I hope that this will be treated as soon as possible by parliament and I also hope that the oil and gas company will soon start working on the information package which will be offered to those international companies that are interested in exploring for gas and oil in our territorial waters,” said the Prime Minister, Ivar Asjes during the weekly press conference of the government.

According to Asjes, he wants to be as transparent as possible with the people of Curaçao. “There are researches that show that there is gas in our territorial waters. This is also the case in Aruba,” Asjes said.

Aruba opted to sign a contract with a Spanish company to do a tridimensional analysis of its subsoil. Apparently the results are encouraging. According to the Prime Minister, Curaçao will also continue with the process of public tender to hire a company to do these explorations.

“There is a large company that has an interest and based on the clean and transparent public tender, we could sign a contract. Based on this, the oil and gas company can pay back the loan to the Curaçao Refinery (RdK).”

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