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3 companies have submitted a binding proposal to manage and operate the oil facilities in Curaçao

Main news | By Press release April 4, 2022

WILLEMSTAD - No less than 3 companies have submitted a definite bid to manage and operate the refinery in Emmastad and the terminal in Bullenbaai when they offered their Binding Proposal to Refineria di Kòrsou (RdK.)  The team responsible for the search and selection of a strategic partner for our oil facilities, appointed to execute this in accordance to the mandate by the Government of Curaçao, will now continue swiftly with the evaluation of the proposals that have been submitted. Shortly hereafter the results of the evaluation will be presented to the Supervisory Board and ultimately to the shareholder, which is the Government of Curaçao.

The goal remains to reach an agreement with a company that will manage and operate the oil facilities in Curaçao no later than mid-year.

At the end of last February, RdK had postponed the final date that was set to submit a binding proposal to the end of March 2022.  RdK had done this based on the request by interested parties that were still doing the necessary studies in order to complete and enter their proposals.  Various delegations of interested companies visited the installations of the refinery in order to take a more in depth look into the installations. This enabled them to enter a proposal that best fits the current state of reality of the refinery in Willemstad and the terminal in Bullenbaai.

 

As the process continues, RdK will keep the community informed and in due time will divulge the name of the potential partner that will be chosen to manage and operate our oil facilities.

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