Bullenbaai: Middle Eastern interest. 

WILLEMSTAD - A company linked to the powerful organization Qatar Investment Authority, which manages the Qatar Sovereign Investment Fund, has expressed interest in Bullenbaai. This is according to reliable sources close to the negotiation team. Until last night, Curaçao Refinery had not been able to provide a comment on the matter. 

It concerns a company with the backing of the Qatar Sovereign Investment Fund. This could be more good news for Bullenbaai and Curaçao Refinery Utilities (CRU). The tank terminal at Bullenbaai has been going through a rough period after civil disputes over property rights involving companies related to Caribbean Petroleum Refinery. Since February 2023, Bullenbaai has not been receiving payments. Meanwhile, CRU terminated the contract with Caribbean Petroleum Refinery (CPR), leading to more than seven civil cases in court for the claim of 490 million barrels of fuel oil stored in the tanks at Bullenbaai. 

Unconfirmed information suggests that the group supported by Qatar has a significant interest in signing an MOU with CRU/RdK regarding the management of Bullenbaai.