WILLEMSTAD – A Korean-led consortium has formally renewed its interest in investing in and operating the Curaçao refinery and storage facilities, according to correspondence sent to Refineria di Korsou and the government of Curaçao.
The consortium, led by Korea Heavy Industry and Development Co. Ltd. (KHIND) and supported by partners including Korean Petroleum Corporation, Hyundai Engineering & Construction, and Star Oil NV, states it is prepared to finance and restore the refinery to full operational capacity.
In the letter dated April 10, 2026, the group emphasizes its ability to provide both funding and technical expertise. It also claims to be in the process of securing a stable supply of Venezuelan crude oil, which is considered essential for refinery operations.
The consortium has approached both Refineria di Korsou and Prime Minister Gilmar Pisas, requesting engagement at what it describes as a “crucial time” for the future of the refinery.