August 22, 2018 / 5:14 PM / a month ago

Curacao refinery operating at minimum, hunt for new partner continues -sources

Aug 22 (Reuters) - Curacao's 335,000-barrel-per-day Isla refinery is operating at a minimum since it was largely idled in July as it waits for the end of a legal dispute between Venezuela's PDVSA and ConocoPhillips to restore crude supplies to the plant, three sources close to the matter said.

Isla, which is operated by PDVSA, is also still searching for a new partner for in the facility, the sources added. One option being consider is a company to supply crude and market the government-owned refinery's output, one of the sources said.

Operations at Isla and the neighboring Bullenbay terminal remain largely idled while PDVSA and Conoco progress in a payment scheme announced earlier this week to satisfy a $2-billion arbitration award issued in April. (Reporting by Marianna Parraga and Gary McWilliams Editing by Susan Thomas)

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