Long term 2020+

The lease contract with PDVSA will expire at the end of 2019
The objective of the Government of Curaçao:
To have a strategic partner for the long term to modernize the refinery so it can comply with (f.e.): the highest environmental standards.
To have a modern refinery that makes efficient use of the available space, leaving room for the development of green industry and the creation of jobs.
Long-term actions
March 2018 - Completed
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RdK started, with the assistance of IHS Markit, the searching process for short- and long-term partners
June 2018 - Completed
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Teaser for early step in partners released
August 2018 - Completed
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Request for interest and NDA signed with interested parties. High-quality investors package developed
End September 2018 - Completed
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Issue high-quality investors package
November 2018 - Completed
Partner selected to continue negotiating with to come to an MOU
End December 2018 / January 2019 - To be completed
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Selection of potential long-term strategic partner
May 2019 - To be completed
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Contract with selected party                                                                                                                                            
January 2020 - To be completed
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Start management and operation of refinery by selected party