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Aruba Nights Island Guide
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Thread: Valero "restart decision" by January 2011

  1. #1
    Aruba since 1979
    Andrea J.'s Avatar
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    Valero "restart decision" by January 2011

    from Reuters

    Valero Aruba restart decision by January-CEO
    Thu Sep 16, 2010 1:36pm GMT Print | Single Page [-] Text [+]
    HOUSTON, Sept 16 (Reuters) - Valero Energy Corp (VLO.N: Quote) CEO Bill Klesse said on Thursday that it will be late December or January before the company decides whether to restart its 235,000 barrel-per-day refinery in Aruba.

    The company is conducting an extensive turnaround at the refinery slated to conclude in mid-October, at which time Valero was going to decide on a restart time. Valero shut the refinery in 2009 because of poor economics. (Reporting by Kristen Hays)

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    Senior Member danadog56's Avatar
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    With all the lost oil from the gulf spill I would think it would behoove someone to access that oil again.......makes sense to me, but of course I really have no idea what I am talking about.
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