WILLEMSTAD - Curaçao Refinery (RdK) informed the company Klesch Group that the Asset Purchase and Sales Agreement (APSA) signed in December 2019 has been terminated. RdK will initiate a new and transparent process to search for an operator for the oil facilities and thereby create a sustainable future for the refinery.

The government’s mandate to RdK is to ensure an operator for a long period for the oil facilities on the island. RdK has installed a Project Management Organization (PMO) which has started the process of finding an operator for the refinery in February 2019. The organization has gone through the entire rigorous and transparent process which was well defined since the beginning. All stakeholders were constantly informed. Finally, the APSA was signed in December 2019 with Klesch Group.

Now that the APSA has been terminated, RdK opts to initiate a trajectory to see if there could be other parties that are interested in the sustainable future of RdK’s oil facilities and which can comply with the demands to guarantee a durable operation. This process will also be rigorous and transparent based on well defined criteria.