Chavez arrives today to sign purchase agreement for REFIDOMSA

 The president of Venezuela, Hugo Ch�vez, arrives today in the Dominican Republic to sign the  agreement for the sale of 49 percent of  shares in the Dominican Petroleum Refinery (Refidomsa).

The paper work for this agreement has been dragged out of the file several times already over the past months, but so far, has always ended up back in the drawer. Most recently, it was president Fernandez who traveled to Venezuela to sign on the 19th of last month, but that event was canceled while he was in the country for reasons that never really became clear.

Worryingly for proponents of the deal, no details have been announced of the time of the arrival of Chavez or which airport will host the reception. Also, no details have been announced of any schedule of activities during his stay. However, sources are saying that invitations have been issued for a reception, the much vaunted signing and a dinner.

Chavez will be accompanied by the president of Petroleos de Venezuela SA (PDVSA), the director of Petrocaribe and Foreign Minister Nicolas Maduro

12 related news articles

Lack of quorum blocks approval of REFIDOMSA sale: Jun 25 2010

Government seeks to transfer funds for electricity sector: Jun 25 2010

Finally, REFIDOMSA shares sold to Venezuela: May 7 2010

Refidomsa sale postponed - again: Apr 20 2010

Venezuela confirms it will (finally) buy 49% of REFIDOMSA: Apr 6 2010

Fernandez on Economy, Electricity, Refidomsa and Agosto: Feb 25 2010

Refidomsa shows profits and private sector interest grows: Feb 3 2010

To buy or not to buy - is Venezuela stalling on REFIDOMSA?: Feb 3 2010

Venezuela drops out of deal to buy Refidomsa: Jan 22 2010

Shell sells - to Sol: Nov 22 2009

Venezuela buys 49% stake in Dominican Republic�s refinery for US$131.5M: Nov 1 2009

Dominican Republic receives US$20 million loan from Petrocaribe � starts to pay off debts: Sep 27 2009

Share this article

Digg it!

del.icio.us

MySpace

Facebook

Fark

Reddit

Newsvine