Willemstad October 7, 2021- Refineria di Kòrsou N.V., Curaçao Refinery Utilities B.V. and Klesch (Curaçao) N.V. herewith jointly announce that they have reached a settlement concerning the negotiation, execution and termination of the agreement that was entered into regarding the sale and transfer of the Emmastad refinery, the utilities plant producing water, steam, air and electricity for the Emmastad refinery and the Bullenbaai terminal. The arbitration proceedings initiated in that regard were terminated by mutual consent, without any party being liable towards the other and without any party being under a payment obligation.


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