Aruba delays refinery revamp amid US sanctions on Venezuela

Refineria di Aruba NV (RdA), a wholly owned incorporated company of the government of Aruba responsible for compliance monitoring of Citgo Petroleum Corp.’s Citgo Aruba Refinery NV, is putting a hold on the operator’s previously announced program to restart Valero Energy Corp.’s former 235,000-b/d refinery in San Nicolas, Aruba, as a result of US sanctions recently placed on Citgo’s parent company Petroleos de Venezuela SA (PDVSA).
Source: News