NewsWhore
06-16-2009, 04:30 PM
The National Business Council (CONEP) has called for transparency in the deal with the PDVSA, the Venezuelan government oil company, for the sale of 49% of shares of the Dominican Petroleum Refinery. CONEP president Lisandro Macarrulla said that the council would be meeting to establish their stance on the sale.
Ricardo Bonetti, president of the National Association of Young Entrepreneurs (ANJE) warned about the sale of the government entity to a Venezuelan government entity. "This will mean we would increase our country's dependency in a key area such as fuel, and in addition, a foreign country would be intervening in the fuel supply and policy handling in the DR," he observed.
For the past 38 years, the Shell Company held 50% of the shares and controlled the management of the company.
Bonetti said that a tender should be called for the Refinery, as ordered by Law No. 340-06 on Government Purchases and Contracting. He disputed the confidentiality treatment in government deals, as occurred in the case of Ede Este.
Listin Diario reports today that the deal is being promoted as one that would guarantee the supply of fuel to the DR.
President Hugo Chavez will be visiting the DR on 30 June and is expected to provide more details on the forthcoming deal.
Lawyer Marino Vinicio Castillo says that the deal also includes the purchase of Operadora de Pueblo Viejo (Opuvisa) in Azua, which imports, stores and distributes propane gas and other fuels. Quoted in Listin Diario, Castillo said that the purchase would be paid for in fuel.
More... (http://www.dr1.com/index.html#3)
Ricardo Bonetti, president of the National Association of Young Entrepreneurs (ANJE) warned about the sale of the government entity to a Venezuelan government entity. "This will mean we would increase our country's dependency in a key area such as fuel, and in addition, a foreign country would be intervening in the fuel supply and policy handling in the DR," he observed.
For the past 38 years, the Shell Company held 50% of the shares and controlled the management of the company.
Bonetti said that a tender should be called for the Refinery, as ordered by Law No. 340-06 on Government Purchases and Contracting. He disputed the confidentiality treatment in government deals, as occurred in the case of Ede Este.
Listin Diario reports today that the deal is being promoted as one that would guarantee the supply of fuel to the DR.
President Hugo Chavez will be visiting the DR on 30 June and is expected to provide more details on the forthcoming deal.
Lawyer Marino Vinicio Castillo says that the deal also includes the purchase of Operadora de Pueblo Viejo (Opuvisa) in Azua, which imports, stores and distributes propane gas and other fuels. Quoted in Listin Diario, Castillo said that the purchase would be paid for in fuel.
More... (http://www.dr1.com/index.html#3)