Published On: Thu, Nov 16th, 2017

Prime Minister: Guangdong Zhenrong Energy gets two weeks’ time

Parliament2WILLEMSTAD - According to the Prime Minister of Curaçao, Eugene Rhuggenaath, as soon as the Chinese State Company Guangdong Zhenrong Energy (GZE) receive the letter from the Government requesting them proof that they are capable of operating the oil refinery, they have two weeks to reply. In this letter, the Government, once again, will ask them to show their financial and technical capabilities to be considered as a viable candidate to operate the oil refinery in Curaçao.

The Prime Minister made this statement during a Central Committee meeting of the Parliament. The Members of Parliament are discussing the future of the oil refinery and had several questions for the government. The issue surrounding the refinery - with on the one hand a weakened current operator PDVSA and on the other hand the lack of information from GZE - is a 'hot issue'.

In response to questions from Gerrit Schotte of opposition party MFK, whether it is the Cabinet's intention to "drive away GZE" and then allow the British-Dutch multinational Shell to come in, “The Prime Minister firmly stated that it is absolutely not the intention of the government to do this with the Chinese company. However, GZE must meet certain hard requirements.”

There has also been no contact with Shell. Shell did not show interest in the refinery but made an offer for the construction of an LNG terminal for the supply of liquefied natural gas.

“The aim is to guarantee the continuity of the refinery, now and after 2019, plus the associated investments in modernization and clean production,” said the Prime Minister. GZE gets fourteen days to respond and in the meantime, Curacao and GZE are formally still negotiating. The fact is that the company still leaves many questions unanswered.

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