Venezuela PDVSA unit eyes up to $600 mln to overhaul Aruba refinery

CARACAS - Venezuela is also mulling building a gas pipeline from the Paraguana peninsula northward to the Aruba refinery, Luongo added.
 
Once the oil complex is up and running, PDVSA hopes to boost processing of the OPEC nation's extra-heavy crude output from the Orinoco Belt, whose petroleum deposits are some of the world's largest.
 
"The plan is to use the refinery as an upgrader ... for the Orinoco Belt," added Luongo, as workers waved a huge yellow, blue and red Venezuelan flag.
 
"It's a refinery that looks a lot like an upgrader."
 
Venezuela's plan to build a new complex of upgraders, which convert extra heavy crude into lighter crude, has been hit by major delays.
 
The Caracas-based company has been increasingly importing naphtha and crude to dilute oil produced in the Orinoco.
 
Luongo said he expected a very similar breakdown of imports in the second semester compared with the first, but declined to provide specifics on PDVSA's commercial strategy.
 
"The new upgrader that will come out of the Aruba refinery will give us more flexibility with this," Luongo added.
 
Reuters

Lawyer Roeland Zwanikken considers legal action against ABN AMRO Bank

THE HAGUE--Attorney-at-law Roeland Zwanikken at St. Maarten’s BZSE law office is considering legal action against the intention of the Dutch ABN AMRO Bank to close the bank accounts of its clients in the Dutch Caribbean.

Fiscaal onderzoek bij notariskantoren vinden doorgang

In het Antilliaans Dagblad: Fiscaal onderzoek bij notariskantoren
WILLEMSTAD – De fiscale onderzoeken bij de notarissen vonden en vinden, ondanks de beperkingen van Covid-19, weer doorgang en de medewerking aan de kant van notarissen en adviseurs is daarbij ‘over het algemeen goed’.

Juridische miljoenenstrijd tussen BNP Paribas en Italiaanse prinses verhardt

  • Bezit van Italiaanse Crociani-familie op Curaçao mag van rechter worden verkocht
  • De Crociani's ruziën al jaren met BNP Paribas over een claim van $100 mln
  • Curaçaos trustkantoor United Trust heeft 'geen enkele relatie meer' met Camilla Crociani
Een Italiaanse prinses met zakelijke belangen in Nederland heeft het onderspit gedolven bij diverse rechtbanken in een langslepend conflict met zakenbank BNP Paribas.