WILLEMSTAD – Opposition party MAN-PIN has raised concerns that Curaçao risks being sidelined in new oil and gas developments in the region, as neighboring Aruba moves ahead with concrete exploration projects.
Parliamentarian Giselle Mc William has submitted critical questions to Prime Minister Gilmar Pisas, seeking clarity on the island’s strategy and involvement in the evolving energy landscape.
The concerns follow developments in Aruba, where a subsidiary of U.S.-based Armstrong Oil & Gas signed an agreement in 2024 with the Aruban state oil company to explore, develop and produce hydrocarbons offshore.
Exploration activities are already underway, focusing on geological research and identifying potential drilling sites, with authorities in Aruba closely monitoring progress and emphasizing long-term economic benefits.
At the same time, the company has expressed broader interest in energy opportunities in the region, including Venezuela, where renewed activity in the oil sector is drawing international attention.
According to Mc William, it remains unclear why Curaçao is not playing a visible role in these developments, despite its strategic location near Venezuela and its existing infrastructure for refining, storage and logistics.
She questioned whether the government has engaged with companies such as Armstrong and why Curaçao has not pursued joint initiatives with Aruba. “Why has Aruba been able to secure agreements while Curaçao has not?” is one of the key issues raised.
The matter touches on broader concerns about Curaçao’s economic direction. With shifting geopolitical dynamics creating new opportunities for investment in the energy sector, Mc William warned that the island cannot afford to remain passive.
Curaçao has historically played a central role in the regional oil industry, particularly due to its proximity to Venezuela and its established energy infrastructure. However, recent developments suggest that other islands may be moving more quickly to capitalize on emerging opportunities.
MAN-PIN is now calling on the government to outline a clear strategy to ensure Curaçao remains competitive and does not fall behind in a sector that could have significant economic implications for the region.
The questions raised are expected to intensify debate about Curaçao’s long-term energy policy and its ability to position itself within a rapidly evolving regional market.