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| PetroChina still in negotiations for Aruba refinery purchase |
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| Monday, 11 June 2012 16:34 |
 During a press conference on Friday, Prime Minister Mike Eman explained that the Aruba government recently signed a memorandum of understanding (MOU) with PetroChina, while the company already made an offer to purchase the Aruba refinery from Valero.
The offer, according to government information, is not presenting a problem. "Notwithstanding, nothing is ready until it is ready," Eman said. There is a draft of an agreement between the government and PetroChina, which is now in hands of PetroChina executives and under consideration. The government expects that they will receive an answer and reach closer to signing some kind of agreement by mid-June. "We are confident this is going to happen...that things are going in the right direction," Eman said. He said all signals coming from the negotiating parties have been positive, but the final decision is PetroChina's.
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