WILLEMSTAD – The termination of Vigor’s long-term contract by government-owned company 2Bays has prompted a formal response from the international firm, which is framing the dispute as a commercial disagreement while preparing to pursue legal remedies.
In a statement issued by its press office, Vigor Group described the situation as an escalating commercial conflict but emphasized its continued commitment to Curaçao. The company highlighted that it has invested more than 18 million US dollars in less than a year, which it says demonstrates confidence in the island and its long-term potential.
The statement followed last week’s decision by 2Bays to immediately terminate a 30-year agreement signed in July 2024 for operations at Emmastad and Bullenbaai. The move was publicly supported by Prime Minister Gilmar Pisas, with 2Bays citing outstanding payment arrears of more than 12 million US dollars as the reason for ending the contract.
Vigor’s public response struck a notably restrained tone, referring to its intention to seek a fair resolution through legal channels. At the same time, the company stressed that it has maintained a local presence and office on the island, even during periods it described as particularly challenging for the region.
While the official statement avoids sharp language, political and business circles on Curaçao expect the dispute to move into a more confrontational phase behind the scenes, as both parties prepare to defend their positions. For Curaçao, the conflict adds another layer of uncertainty to the future of activities at the former refinery site, at a moment when the government is seeking stable partners and renewed economic use of the strategically important facilities.