Aruba’s state-owned refining company Refineria di Aruba (RdA) plans to sign a deal with Houston-based Eagle LNG Partners to build an LNG import terminal on the site of its idled refinery as soon as next month, RdA’s director told Reuters.
The terminal would allow Eagle to supply the Dutch Caribbean island’s power company with natural gas, replacing high-sulfur fuel oil as the country’s main fuel for generation, Reynold Arends said in a recent interview at RdA’s headquarters in the town of San Nicolas at Aruba’s southeastern tip.
Aruba has been seeking new partners for the 235,000 bbl/d refinery, which has been largely idled since 2012. Last year, U.S. refiner Citgo Petroleum Corp.—a unit of Venezuelan state oil company Petroleos de Venezuela—handed control of the site back to the government after abandoning an ambitious $1.1 billion refurbishment plan.
RdA is also in talks with a consortium led by San Jose-based Quanten LLC over a $3.5 billion plan to restart the refinery itself. Quanten’s CEO, Jeff Meyers, said in a recent interview alongside Arends the group would be ready to begin demolition in August and make the refinery fully operational within three years.
Quanten specializes in electrical services for large projects. Meyers said the consortium also includes KBR Inc., energy services provider McDermott International Ltd. and technology company Cisco Systems Inc. Those three companies did not respond to requests for comment.
Gas imported by Eagle could also power the refinery, Arends said, and Eagle is considering using Aruba as a hub to export LNG elsewhere in the Caribbean region.
Eagle spokeswoman Linda Berndt said the company “continues to work with RdA and appreciates their support toward ultimate completion of the project.”
The decision suspended certain parts of the law that strengthens state oil company Pemex, which Congress approved in April, the document showed.
The most active operator continues to be Permian Basin-focused Pioneer Natural Resources at 30 rigs, which includes nine more rigs after closing its acquisition of privately held DoublePoint Energy.
TGS, a global provider of energy data and intelligence, said on May 10 it has commenced acquisition on Santos multiclient 3D Phase 4 survey offshore Brazil.