This week or very soon PetroChina and Valero will travel to Aruba to meet with government PDF Print E-mail
Tuesday, 17 April 2012 11:03
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Negotiating parties needed the space to meet and analyze the decision to sell - and purchase - the refinery on Aruba, thus the sudden silence surrounding the Valero Aruba Refinery situation.

From a good source reporters at our sister website 24ora.com are receiving information concerning the refinery, which is currently "idle".

It appears that this or next week at the latest, executives from PetroChina and Valero can be expected to arrive on Aruba to meet with the government.

Persistent rumors say that next weekend or within the next two weeks PetroChina will on Aruba announce a possible deal with Valero.

Valero's actions show that they have no intention of laying off employees working directly for the company at this moment. Contractors were laid off because no new contracts have been signed as there are no new projects underway for which these workers would be needed.
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