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View Full Version : Cash, not oil for Refidomsa



NewsWhore
11-04-2009, 05:00 PM
Minister of Hacienda Vicente Bengoa says that the money from the Dominican Petroleum Refinery (Refidomsa) deal will be paid out to the DR in cash, at some point between 22 November 2009 and 18 January 2010. There had been rumors and some published reports that the government would receive US$131.5 million, the value of the deal, in petroleum, from Venezuela. The deal gives Venezuela a 49% stake in the refinery.

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