Government buys back shares in Dominican Petroleum Refinery, names new director
The Dominican government announced on Thursday, 19 August 2021 the buyback of the 49% shares Venezuela had purchased in the Dominican Petroleum Refinery (Refidomsa). The government paid US$88.1 million to resume full control of the state company. As reported, Venezuela had paid US$131 million for its 49% ownership in 2010. Hacienda Minister Jose Manuel Vicente …