Shell has a buyer

[NewsWhore]

The Shell Oil Company will reveal the buyer of their 50% stake in the Dominican Refinery (REFIDOMSA) according to a "reliable source". The Listin Diario says that while the Shell Company is maintaining a strict silence as to just who the buyer is, there are at last four hopefuls awaiting word. According to Ruben Montas, the government's president of the board of directors of the REFIDOMSA, as soon as the Shell Company tells President Leonel Fernandez who the buyer is and at what price, the government has 60 days to meet that price or sell out to the new partner. Among the groups said to be in the running are the Vicini-Corripio group, the Trafigura Beheer B.V., of Switzerland, the Isla group, and a group of Santiago business leaders headed by the Bermudez family.

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