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View Full Version : Refidomsa future looks positive



NewsWhore
06-19-2009, 05:50 PM
Despite the growing clamors for transparency in the 49% sale of Refidomsa to Venezuela, supporters of the initiative say the sale could be extremely positive for the DR as the country could become a regional center for the production of petroleum derived products. Listin Diario reports that the refinery currently only processes 32,000 barrels of oil per day, even though national consumption totals 145,000 barrels per day. The benefit of the sale could be that because of the DR's strategic location Venezuela would invest millions in renovating the refinery and increasing its capabilities and make the DR a player in the regional petroleum market in the process.

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