WILLEMSTAD - Prime Minister Gilmar 'Pik' Pisas (MFK) expressed concerns on Tuesday regarding the financial situation of 2Bays Curaçao (formerly Refineria di Kòrsou). During the budget meeting, Pisas explained that the company's financial standing has worsened due to a variety of factors.
The prime minister highlighted the need to cover deficits from the subsidiary CRU and the absence of a permanent operator paying rent for the refinery. This has led to a significant decline in revenue for the company.
However, there is hope on the horizon with the arrival of new operators, Oryx and Global. Pisas stated that from January, 2Bays Curaçao expects to recover financially and even stabilize.
The prime minister also noted that 2Bays Curaçao and CRU have not yet provided financial statements for 2021, 2022, and 2023. Nevertheless, a governance statement has been received, which has been approved by the Supervisory Board and submitted to the Ministry of Finance. Once approved by the Council of Ministers, the documents will be made available to parliament.
The impact of the new U.S. presidency was also discussed, with the government considering potential effects on agreements with Venezuela. However, Pisas indicated that American companies are expected to continue operations as planned. The government is also working on an additional pension scheme for former employees and is providing advances to be reconciled with future revenues from Venezuela.