The 335,000 bbl/d Isla refinery on the Curaao island (Dutch Caribbean) has resumed work again after eight months of interruption due to a dispute between its operator, the Venezuelan state-run oil and gas company PDVSA (Petrleos de Venezuela SA) and ConocoPhillips. The facility remained has been able to restart one of its crude distillation units and its thermal cracker.
The local government was looking for a new operator to run operations and replace PDVSA, whose contract to run the facility will expire at the end of 2019. In December 2018, it preliminary chose Motivates Enterprises, a fully owned affiliate of Saudi Refining headquartered in Houston (United States) to handle the refinery in the long run and probably also to finish the lease term until the end of 2019.
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