PDA

View Full Version : Shell sale ready to sail



NewsWhore
05-21-2008, 05:30 PM
The sale of the Shell Company's 50% share of the Dominican Oil Refinery, Refidomsa, is ready, and the details will be presented to the board next week, according to the Hacienda MinisterVicente Bengoa. The minister told Listin Diario reporter Candida Acosta that his team was "finalizing" numbers and that the final report would be on President Fernandez' desk by this Friday. However, a private sector source told the reporter that the commission that was handling the negotiations was going to meet with President Fernandez today. The refinery, which was installed in 1973, handles 33,000 barrels of petroleum per day. Because of demand, a further 30,000 barrels of petroleum products are imported each day.

More... (http://www.dr1.com/index.html#5)