A technical committee was formed by the Government of Curacao on the 29th of November 2013. This technical committee is called the Multi-Disciplinary Project Team (hereinafter referred to as “MDPT”).
The MDPT has the following objectives:
• To work towards upgrading the refinery using modern norms and standards (including environmental standards)
• To negotiate a new agreement with sufficient benefits for Curacao with the participation of one or more strategic partners.
Download: Future of Curacao Refinery
However, if the negotiations with PDVSA do not have the desired result (modernization of the refinery), MDPT is preparing for a fallback scenario. This fallback scenario entails future use of the refinery premises.
Download: Redevelopment presentation