SANTO DOMINGO. - Five international and two local today companies showed their interest in the Hacienda Ministry’s called bid to evaluate the company Shell’s shares in the Dominican Petroleum Refinery, after the Dominican Government announced its interest in acquiring the oil company’s other 50 percent.
Representatives of the companies Conecam Central America, Improaval F.C, and PETRA, if Venezuelan capital; CH2 MHILL, of Mexican capital, FTI Consulting, U.S. capital, and the Dominican companies Baker Tilly Dominicana and Incisa, today said they would participate in the bid, by presenting the necessary documents.
Deputy minister Julio Aníbal Hernandez, Fernándo Pou, Adan Bodden, Héctor Lama, Radhamés Jordan and Mateo Inoa. will head the bidding commission,
Hacienda minister Vicente Bengoa, who headed the meeting, said the bidding will be done in a transparent manner and the government will give "no more, no less," for Shell’s stake.
The State’s contract with Shell has been in effect for more than 35 years, through which the oil company handles administration, and for that reason many details of the business are practically unknown.
