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Author Topic: OIL & GAS PIPELINE INFO  (Read 296117 times)
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SuzieQ
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Justice for Natalee


« Reply #1020 on: October 16, 2009, 08:24:51 PM »

http://www.caribbeannetnews.com/news-19349--12-12--.html

Spain's Repsol confirms Venezuela's gas reserves
Published on Friday, October 16, 2009

CARACAS, Venezuela (Reuters) -- Spain's Repsol YPF on Thursday confirmed a natural gas site off the coast of Venezuela contained reserves of between 5.6 trillion and 7.8 trillion cubic feet of gas, the largest such discovery in the country's history.

Repsol announced in September that in a venture with Italy's ENI, had found a gas block with estimated reserves of around 8 trillion cubic feet -- one of the world's top five gas discoveries in 2009.

"For the block's development, Venezuela's state oil company PDVSA will hold 35 percent of the consortium, with Repsol and Eni holding 32.5 percent participation each," the Spanish company said in a statement.

Despite a wave of energy sector nationalizations by socialist President Hugo Chavez, Repsol says it remains comfortable with its operations in OPEC-nation Venezuela, including its project in the Orinoco heavy oil belt.

With 180 trillion cubic feet of gas, Venezuela holds 30 percent of reserves in Latin America, well above Bolivia's 27 trillion cubic feet, but below the massive reserves held by Russia and Iran.


 
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2 4 1         \" We can\'t tell if the jawbone is male or female due to the mixed composition of the Caribbean population\" Taco Stein.  Aruba- One crappy island.
Keepthefaith
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« Reply #1021 on: October 18, 2009, 04:20:02 PM »

Dutch provide tax haven for multi-nationals and super-rich By Rohan Minogue


dpa German Press Agency
Published: Tuesday December 5, 2006

By Rohan Minogue, Amsterdam- The Netherlands has allowed itself to become a tax haven for thousands of foreign companies, whose real presence is often little more than an Amsterdam postbox number. While the results are clearly beneficial to the treasury, the potential damage to the country's international standing is great. During the course of 2006, the number of foreign companies establishing a financial presence on Dutch soil rose by 50 per cent over the previous year - or by about 1,600 new companies.


http://rawstory.com/news/2006/Dutch_provide_tax_haven_for_multi_n_12052006.html
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« Reply #1022 on: October 18, 2009, 04:26:13 PM »

Dutch provide tax haven for multi-nationals and super-rich By Rohan Minogue


dpa German Press Agency
Published: Tuesday December 5, 2006

By Rohan Minogue, Amsterdam- The Netherlands has allowed itself to become a tax haven for thousands of foreign companies, whose real presence is often little more than an Amsterdam postbox number. While the results are clearly beneficial to the treasury, the potential damage to the country's international standing is great. During the course of 2006, the number of foreign companies establishing a financial presence on Dutch soil rose by 50 per cent over the previous year - or by about 1,600 new companies.


http://rawstory.com/news/2006/Dutch_provide_tax_haven_for_multi_n_12052006.html


The Netherlands: A Tax Haven?

http://somo.nl/html/paginas/pdf/netherlands_tax_haven_2006_NL.pdf
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« Reply #1023 on: October 18, 2009, 04:29:09 PM »

Dutch provide tax haven for multi-nationals and super-rich By Rohan Minogue


dpa German Press Agency
Published: Tuesday December 5, 2006

By Rohan Minogue, Amsterdam- The Netherlands has allowed itself to become a tax haven for thousands of foreign companies, whose real presence is often little more than an Amsterdam postbox number. While the results are clearly beneficial to the treasury, the potential damage to the country's international standing is great. During the course of 2006, the number of foreign companies establishing a financial presence on Dutch soil rose by 50 per cent over the previous year - or by about 1,600 new companies.


http://rawstory.com/news/2006/Dutch_provide_tax_haven_for_multi_n_12052006.html


The Netherlands: A Tax Haven?

http://somo.nl/html/paginas/pdf/netherlands_tax_haven_2006_NL.pdf

Amsterdam link to tax havens
11 November 2006 – Dutch tax regulations make it an attractive country for multinational corporations that want to evade taxes and launder money, according to a report published today. All major trust offices involved are located in Amsterdam.

Research carried out by the Centre for Research on Multinational Corporations (SOMO) shows that foreign companies route financial flows through the Netherlands to tax havens such as the Netherlands Antilles. They use almost 20,000 ‘mailbox companies’ that are often managed by trust offices.

For the Netherlands, such constructions yield 2,500 jobs and over one and a half billion euros in taxes and other income. On the other hand, they undermine developing countries’ capacity to raise taxes and facilitate money laundering. In addition, companies with a dubious reputation are attracted. An example is Trafigura, the company involved in the Ivory Coast toxic waste dump.

http://www.nieuwsuitamsterdam.nl/English/2006/06111104.htm
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« Reply #1024 on: October 18, 2009, 04:37:06 PM »

The First Curaçao bank was closed down by the Dutch last month and is suspected by Dutch and British authorities of having run banking services which allowed criminals to siphon billions of pounds out of European treasuries via carousel fraud. The fraud involves acquisition of VAT-free goods, which are then sold on at VAT-inclusive prices, the tax never being paid to the authorities.


http://www.guardian.co.uk/money/2006/oct/23/crime.scamsandfraud
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jen3560
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« Reply #1025 on: October 19, 2009, 09:35:06 AM »

Regarding Ryan Poff.......

Well, if that doesn't tell it all - right there in black and white - I don't know what else would.

Silvetti hired this guy in December 2007 to be an IN HOUSE project mgr.  And he was in charge of the Persistence.

And he has/had access to "all things Holloway" that were stripped off the ship once it returned to port.

I very highly doubt that this guy would:

a - Go to work for someone "In House" (meaning excluding all other independant contracts that might come his way) for "pennies on the dollar" as we were told all people were being paid who were involved with this

b - Forsake all other contracts that may come his way in favor of a humanitarian mission that doesn't require someone of his skills and expertise anyway.

I also VERY highly doubt that Silvetti would hire someone on for this sole purpose.....

And what in the world is the R/V Ferrel anyway?  that's not a ship Silvetti has listed in his fleet.  I think I'll look into that one...

Ryan Poff’s Experience
Field Project Manager
Poff Offshore Services
(Oil & Energy industry)

December 2007 — Present (1 year 11 months)

in House Project Manager. Responsible duties for the R/V Persistence, R/V Ferrel; Geophysical Projects, Personnel, Invoicing, Proposals, Pricing for jobs, and overall project planning for geophysical services. Autocad drafting and GIS information systems handling.
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texasmom
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ARUBA: It's all about Natalee...we won't give up!


« Reply #1026 on: October 19, 2009, 10:58:38 PM »

RIL eyes oil refiners in US, Europe
Nevin John / Mumbai October 20, 2009, 0:34 IST
The company feels valuations are low and the demand would later rise.

BSE    |    NSE
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http://www.business-standard.com/india/storypage.php?autono=373760

RIL eyes oil refiners in US, Europe

Nevin John / Mumbai October 20, 2009, 0:34 IST

The company feels valuations are low and the demand would later rise.

Mukesh Ambani, after completing the world’s largest oil refining complex at Jamnagar in Gujarat, has now set his eyes on owning refining assets in the US and Europe.

His Reliance Industries (RIL) has initiated preliminary discussions with US-based refiners such as Valero Energy Corp, Sunoco Inc and Flying J Inc for acquiring refineries, said sources in the know. Royal Dutch Shell’s three refineries in Europe are also on the Indian refiner’s radar, they added.

Two senior officials said RIL was gearing to acquire assets worth $3-4 billion (in the range of Rs 14,000-18,500 crore). Funds for acquisition will not be an issue, as it is sitting on a cash reserve of $5 billion (Rs 25,000 crore).

“As value depreciation is still very much an issue with refining assets in the US and Europe, RIL feels the timing is perfect for an acquisition. We are keen to have a global presence in refining, especially with some assets in the developed economies,” said an executive who did not wish to be named.

Last week, RIL senior Vice-President Maurice Bannayan said, “We are in advanced talks with looking at refinery and petrochemical units for acquisition in the US and Europe, mostly in the US.”

When asked, Valero spokesperson Bill Day said, “Valero has had its refinery in Aruba (in the Caribbean) available for sale since 2007, and we said we would aggressively seek strategic alternatives – which could include a sale – for our refineries in New Jersey and Delaware. Valero does not identify the parties that have expressed an interest in any of our properties.”

Virginia Parker, director of Marketing at Flying J, said: “We have no comment at this time. All matters surrounding sale of assets are subject to strict confidentiality requirements.” Sunoco officials declined to comment.

A RIL spokesperson said, “As a corporate policy, we do not comment on speculation.”

Many European petroleum giants have put their refineries on the block after a slump in demand for fuels and petrochemical products. These refineries are either running at lower profit margins or have shut, said a Mumbai-based analyst. However, RIL feels there are signs of recovery in these markets and once the financial situation improves, the demand would trek high.

After the crash of financial markets, Valero had cut costs at plants at Paulsboro in New Jersey and Delaware City and pursued “strategic alternatives” for them and the shuttered 235,000 barrels per day (bpd) Aruba refinery, Chief Executive Officer Bill Klesse said in a recent memo to employees. Previously, Valero, which operates 18 refineries throughout the US, Canada and the Caribbean, used the term strategic alternatives when it put a refinery up for sale.

The Paulsboro refinery is in the same New Jersey county as the refinery Sunoco is shutting. Sunoco recently announced plans to indefinitely shut its 145,000 bpd Eagle Point refinery at Westville in New Jersey, furlough 400 workers and halve its dividend, as the continuing recession hurts the US refiner’s profits.

Weak demand for refined products during the financial downturn, coupled with increased capacity, has pressured margins through the industry, and it is the right time for RIL to buy refineries at low cost, analysts said.

Big West Oil LLC, which has two refineries in the US, has halted taking deliveries after parent Flying J filed for bankruptcy. Big West’s Bakersfield refinery has a processing capacity of 68,000 bpd, according to data compiled by Bloomberg. Big West also has a 30,000 bpd plant in Salt Lake City.

Swiss-based refiner Petroplus said earlier this year it would sell its Teesside refinery in the UK by the end of June or turn it into a storage site if no buyer can be found. The 1,17,000 bpd plant stopped production in March 2009, when the company stopped buying crude for it.

Shell has been looking to sell its Harburg and Heide refineries in Germany for the past six months. In August, sources said India’s Essar Oil had given a bid for both refineries, as well as for Stanlow, Shell’s another refinery in the UK. Harburg has a capacity to process 110,000 bpd, while Heide can process 93,000 bpd. Stanlow has a capacity to process 267,000 bpd.

Other refineries up for sale in Europe include Italian firm Eni’s Livorno refinery and Swiss-based Petroplus’ Teesside refinery.

RIL is also eyeing the fuel retailing markets of the US and Europe, more than a year after it closed retail operations in India. Selling petrol directly in the US market could save the company a 5 to 10 per cent additional cost as traders’ commission, and the company has approached the US authorities for approval to start direct fuel sales.
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I stand with the girl, Natalee Holloway.

"We won't give up on you, Natalee.  You didn't give up on us, and we will continue with the investigation until we have all of the answers to your disappearance.  God be with you my Natalee!" Dave Holloway ARUBA
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« Reply #1027 on: October 19, 2009, 11:10:32 PM »

TM, should we just give up?????? 
I don't know how much more I can take.
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« Reply #1028 on: October 20, 2009, 01:28:13 AM »

Magnolia

I'm Not TM but please don't leave and please don't give up....... an angelic monkey
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In God We Trust!
Prayers Will Bring Natalee Home!
May 2010 Bring Natalee Home to Rest In Peace!
texasmom
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ARUBA: It's all about Natalee...we won't give up!


« Reply #1029 on: October 20, 2009, 02:40:56 AM »

TM, should we just give up?????? 
I don't know how much more I can take.

Sorry Magnolia, I just saw this!

Heck no, we're not giving up!  Take a break...and come back later.

It'll be o.k.

Natalee needs us all here.   an angelic monkey
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I stand with the girl, Natalee Holloway.

"We won't give up on you, Natalee.  You didn't give up on us, and we will continue with the investigation until we have all of the answers to your disappearance.  God be with you my Natalee!" Dave Holloway ARUBA
jen3560
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« Reply #1030 on: October 20, 2009, 09:07:54 AM »

TM, should we just give up?????? 
I don't know how much more I can take.

Don't give up!

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« Reply #1031 on: October 21, 2009, 02:21:26 AM »

EXHIBIT 10.3

CONSULTANCY CONTRACT

BETWEEN

VETRA GROUP A.V.V.

AND

SAHARA PETROLEUM EXPLORATION CORP.


--------------------------------------------------------------------------------
This ALLIANCE AGREEMENT ("the Agreement") made as of the 9th day of March 2005 between Vetra Group A.V.V. ("VETRA") a Corporation organized under the laws of Aruba, with offices in Caracas Venezuela and Colombia and Sahara Petroleum Exploration Corp., a subsidiary of Global Environmental Energy Corp, (NASDAQ OTC:BB GEECF) (SAHARA) PO Box N-8303 Nassau Bahamas, each hereinafter a "PARTY" and collectively referred to as "PARTIES."

PREAMBLE

A. VETRA is an Aruban company that specialized in consulting in the business of oil and gas exploration and production.

B. SAHARA is an oil and gas exploration and development company.

C. SAHARA is contracting for the services of VETRA to assist SAHARA in specific oil and gas projects.

WHEREAS

a). SAHARA hereby contracts with VETRA to retain the services of VETRA to provide assistance and services to assist SAHARA in the development and commercialization of specific oil and gas exploration and development opportunities.

b). VETRA has agreed to be retained by SAHARA, under VETRA's normal terms and conditions as per appendix A hereto.

c). This Agreement is subject to approval by Board of Directors of VETRA and SAHARA. This Agreement may be modified from time to time in whole or in part by mutual consent in writing by both Parties.

In consideration of the foregoing premises and subject to the terms and provisions set forth below and intending to be legally bound, the Parties agree as follows:

1.0. PROJECT DEFINED.

VETRA shall undertake and assist SAHARA with those projects identified by SAHARA as herewith identified in Appendix B.

2.0. APPENDICES

2.01. The Parties have as of the date of this Agreement executed the appendices.

2.02. The appendices will provide generally terms as set out below.

2.03. SAHARA shall provide all relevant information required by VETRA so that VETRA can successfully meet VETRA 's obligations under the terms and conditions of this Agreement.

2.04. SAHARA will contract with VETRA for expert advice, consultancy services and potential equity participation.

2.05. VETRA will in addition provide to SAHARA will as of the date of this agreement the following persons to the advisory board of SAHARA: Humberto Calderon Berti, Karl Mazeika with alternates, Alfredo Gruber, Iker Anzola.

3.0. Allocation of Costs.

Each Party shall bear its own costs associated with preparation and execution of this Agreement.

4.0. Compliance With Law

Each Party hereby represents and warrants to the other that it and its respective activities in connection with the Agreement are in accordance with all applicable laws, regulations and other requirements of all state and Federal governmental authorities and all political subdivisions and agencies thereof, and of any applicable foreign governmental authority and all political subdivisions and agencies thereof. The Parties agree that this agreement shall be governed by and construed and enforced in accordance with the laws of the Commonwealth of the Bahamas.

5.0 Interference.

5.1 No Party will knowingly interfere with any negotiation, arrangement or prospective business relationships then in process of being developed by any Party. Furthermore, no Party will at any time during the term of this Agreement and for a minimum of six (6) months after termination enter into any agreement or arrangement with any other person or entity which would infringe upon the rights or the interests of any Party as provided for in this Agreement.

6.0. Duration

The Agreement will become effective upon execution by the Parties and shall continue in effect for ten (10) years (Primary Term)..

7.0 Confidentiality

7.1. Each Party shall keep in strict confidence all financial, commercial and technical information belonging to any Party or which was developed by any Party relative to the opportunity (the "Confidential Information"). No Party shall at any time disclose Confidential Information to any third party. VETRA hereby agrees never to directly or indirectly disclose or use or even to "tacitly imply", or assist anyone else in disclosing or using such trade secrets to any person or entity other than as authorized by the parties for a period of five (5) years from the date hereof. VETRA will not without written consent from SAHARA, divulge, disclose or make accessible to any person the confidential business information of SAHARA. A Party receiving any governmental or judicial directive or order requiring it to disclose, release or produce Confidential Information to a third party shall immediately notify all other Parties by the quickest available means of communication of the existence of any such governmental or judicial directive or order pursuant to the notice provisions of this Agreement. Failure of the Party receiving any such governmental or judicial directive or order to notify the other Parties to this Agreement of the existence of same by the quickest immediate means of communication, shall constitute grounds for the declaration of an immediate default under the terms of this Agreement.

7.2. Each Party accepts and agrees that the principal point of contact for SAHARA is SAHARA's President & Chief Executive Officer, Dr. CA McCormack. All contact, discussions or negotiations between VETRA and SAHARA will be with Dr. CA McCormack or with those persons authorized by Dr. CA McCormack in writing. All contact with McCormack in his individual capacity shall be with McCormack or persons designated by McCormack in writing as representatives of McCormack.

8.0. Dispute Resolution

All disputes among the parties which cannot be settled amicably after negotiation by the Parties within a period of ten (10) days (subject to extension by mutual written agreement) shall be settled under the Commercial Arbitration Rules of the Chamber of Commerce, Nassau Bahamas, current at the time of dispute, by three (3) arbitrators appointed in accordance with those rules. The place of arbitration shall be Nassau Bahamas, and the language of the proceeding shall be English. The decision of the arbitrators shall be final and enforceable through any court.

9.0. Language

This Agreement, any modifications thereto, all correspondence and other documents relevant to this Agreement or the undertakings related to the Agreement shall be in English.

10.0. Modifications and Additional Appendices.

The Parties agree that appendices may be modified or additional appendices may be added to this Agreement by mutual consent of the Parties in writing.

11.0 Miscellaneous

11.1 Failure of any Party to comply with any requirement, term or condition of this Agreement shall constitute and be deemed sufficient grounds for the termination of the Agreement by another Party.

11.2 No Party shall be liable for any claim or demand from another Party for anything already done or formed or for any other matter or thing whatsoever in connection with this Agreement or any appendix, or for anything done or formed or for any other matter or thing whatsoever in connection with the undertakings called for by this Agreement or the appendices, in the event that this Agreement or any of the appendices are not executed by any Party.

11.3 In the event of default VETRA or SAHARA may take any remedial step afforded by law or in equity or provided by this Agreement with all costs of any such remedy to be met or satisfied in full by the defaulting Party. No remedy is intended to be exclusive of any other remedy and each and every remedy shall be cumulative and in addition to any other remedy given by law or in equity or this Agreement.

11.4 If any Party to this Agreement withdraws from this Agreement without cause, the remaining Parties shall be able to claim against the withdrawing Party the actual damages and penalties those Parties have or may reasonably incur as the result of such withdrawal.

11.5 Notwithstanding anything to the contrary herein, or elsewhere agreed to, neither party shall be liable for any consequential, secondary and/or indirect damages, costs or losses caused by or arising out of the other parties undertakings which do cause damages, costs or loss or threat thereof to the other party.

11.6 No Party shall commit any other Party to any other agreement or undertaking unless done with mutual written consent of all Parties. Nothing in this Agreement or the undertakings connected therewith shall be construed to create or constitute a partnership, agency or similar relationship or create joint and several liability on the part of the Parties.

11.7 The execution and delivery of the Agreement, and any appendices and all other required documents and instruments is and will be conditioned upon each Party obtaining all necessary authorizations and approvals, unless said authorizations and approvals have been represented by that Party to have been obtained or exist at the execution of this Agreement.

12.0. Documentation, Records, Audit.

12.1 When requested by SAHARA, VETRA shall provide copies of all documents concerning VETRA's activities pursuant to this agreement.

13.0 Warranties, Representations and Covenant

The Parties warrant, represent, and covenant as follows:

a. Capabilities: VETRA has the capability, experience, and means required to perform the services contemplated by this Agreement. All services and undertakings will be performed using personnel, equipment, and material qualified and/or suitable for the services and undertakings required or as otherwise requested.

b. Performance of Services and Undertakings: SAHARA acknowledges that the scheduling of VETRA's services and undertakings is critical to VETRA. Accordingly, SAHARA shall insure that available information, maps introductions and data that is necessary to fulfill VETRA's services and undertakings is present and will be continually available at all times to VETRA.

c. Notice of Violations: The Parties shall notify each other (i) if either party is served with notice of significant violation of any law, regulation, permit or license which relates to its services and undertakings hereunder; (ii) proceedings are commenced which could lead to revocation of permits or licenses which relate to such services; (iii) permits, licenses, or other governmental authorizations relating to such services or undertakings are revoked;
(iv) litigation is commenced against either party which could affect such services or undertakings. Upon service of any such notice, commencement of proceedings or revocation, the noticed party shall immediately notify the other party by the quickest available means of communications of the service of any such notice, commencement of proceedings or revocation according to the notice provisions of this Agreement. The failure of either party to undertake the foregoing required notifications shall constitute grounds for the declaration of an immediate default under the terms of this Agreement.

14.0. Force Majeure.

14.1. No Party shall be deemed in default of this Agreement or any action hereunder to the extent that any delay or failure in the performance of its obligations (other than the payment of money) results, without its fault or negligence, from any cause beyond its reasonable control, such as but not limited to acts of nature, acts of civil or military authority, embargoes, epidemics, war, riots, insurrections, fires, explosions, earthquakes, floods, adverse weather conditions, strikes, changes in laws, statutes, regulations or ordinances, and ministerial actions or omissions by regulatory authorities or their representatives, unless such omission or action shall have been caused or contributed to by the responsible party hereunder. If any such force majeure condition occurs and continues for a period of more than fourteen (14) days, then the Party experiencing such condition shall give immediate written notice to all other Parties which may then elect to: (1) terminate the affected service or undertaking or any part thereof, or (2) suspend the affected service or undertaking or any part thereof for the duration of the force majeure condition and resume performance once the force majeure condition ceases. Unless written notice is given within thirty (30) days after being notified of the force majeure conditions, the other Parties shall be deemed to have elected option 2 as outlined in this section 14.1.

15.0. Consequential Damages.

15.1. No Party shall be liable to any other Party for any indirect, incidental, special or consequential damages (including loss of anticipated profits, business interruption, good will or other economic or commercial loss) arising out of the undertakings called for by this Agreement or any appendices.

16.0. Entire Agreement.

16.1. The terms and conditions set forth herein constitute the entire understanding of the Parties.

(rest of page left intentionally blank)


--------------------------------------------------------------------------------
IN WITNESS WHEREOF, each of the undersigned Parties has caused this Alliance Agreement to be executed and delivered by its duly authorized officer on the date first written above.

FOR VETRA

BY: /s/ Humberto Calderson Berti               dated 9th March 2005
    ----------------------------               ---------------------
Mr Humberto Calderon Berti
President Vetra Group AVV,
for and on behalf of VETRA AVV
 


AND

FOR VETRA

BY: /s/  Karl Mazeika                          dated 9th March 2005
    ----------------------------               ---------------------
Mr Karl Mazeika
Vice President Vetra Group AVV,
for and on behalf of VETRA AVV
 


FOR SAHARA

BY: /s/ Dr. CA McCormack                       dated 9th March 2005
    ----------------------------               ---------------------
Dr. CA McCormack
Chairman & President
Sahara Petroleum Exploration Corp
 


For and on behalf of Sahara Petroleum Exploration Corp

BY: /s/ Phillip O'Carroll                      dated 9th March 2005
    ----------------------------               ---------------------
Witness
Mr Philip O'Carroll
 



--------------------------------------------------------------------------------
Appendix A. VETRA's terms and conditions.

1). VETRA shall bill for its services at 50% of the going industry rate or at an average USD$100 per hour

2). SAHARA and VETRA will agree in advance on a budget for the services to be performed which will serve as a basis for the presentation of all invoices, billings and costs to SAHARA, to include a retainer on a job by job basis.

3). SAHARA and VETRA will negotiate and agree to pay a success fee in stock and in warrants as follows: 1,000,000 shares plus warrants exercisable at any time for 10 years from the date hereto as follows: o 200,000 shares with a strike price of USD$4.00 o 200,000 shares with a strike price of USD$6.00 o 200,000 shares with a strike price of USD$8.00 o 200,000 shares with a strike price of USD$10.00 o 200,000 shares with a strike price of USD$20.00 The success fee is triggered when SAHARA has contracted, directly or indirectly an oil and gas opportunity as defined in appendix B.

(rest of page left intentionally blank)


http://sec.edgar-online.com/global-environmental-energy-coporation/8-k-current-report-filing/2005/03/21/Section5.aspx



Only valid if accordingly signed by the Aruba Chamber of Commerce & Industry - J.E. Irausquin Blvd. 10, Oranjestad, Aruba.

Appearing in the Trade Register of the Chamber of Commerce and Industry in ARUBA since 21 OCTOBER 2003 under serial number 30971.0 is the company with the tradename:
 
 
VETRA GROUP A.V.V. 
 
Business address VICTOR HUGOSTRAAT 10, ORANJESTAD OOST 
Legal form  ARUBA EXEMPT CORPORATION 
Name of the company  VETRA GROUP A.V.V. 
Statutory seat  ARUBA 
Date of incorporation  15 OCTOBER 2003 
Last amendment in the articles  8 MAY 2006 
     
Authorized capital  US DOLLAR 1,400,000.00 
Issued capital  US DOLLAR 1,000,000.00 
Paid up capital  US DOLLAR 1,000,000.00 
Fiscal year  01 JANUARY thru 31 DECEMBER 
   
DIRECTORS - AUTHORIZED PERSONS AND CORPORATE BODIES - SUPERVISORY BOARD: 
 
ANT MANAGEMENT (ARUBA) N.V. 
Established at  VICTOR HUGOSTRAAT 10, ORANJESTAD, ARUBA 
Position  REGISTERED AGENT 
Since  15 OCTOBER 2003 
Authority  FULL 
   
CALDERON BERTI, HUMBERTO; 
Residing in  CENTRO PROFESIONAL SANTA PAULA, PISO 6, OFICINA 62, CARACAS, VENEZUELA 
Born in  VENEZUELA, ESTADO TRUJILLO on 21 OCTOBER 1941 
Nationality  VENEZUELAN 
Position  PRESIDENT OF THE MANAGING BOARD 
Effective  15 OCTOBER 2003 
Authority  RESTRICTED 
   
AGUERREVERE, LEOPOLDO; 
Residing in  CENTRO PROFESIONAL SANTA PAULA, PISO 6, OFICINA 62, CARACAS, VENEZUELA 
Born in  VENEZUELA, ESTADO MIRANDA on 5 NOVEMBER 1941 
Nationality  VENEZUELAN 
Position  MANAGING DIRECTOR 
Effective  15 OCTOBER 2003 
Authority  RESTRICTED 
   
LARRANAGA, FRANCISCO; 
Residing in  CENTRO PROFESIONAL SANTA PAULA, PISO 6, OFICINA 62, CARACAS, VENEZUELA 
Born in  SPAIN, MADRID on 4 MAY 1949 
Nationality  VENEZUELAN 
Position  MANAGING DIRECTOR 
Effective  15 OCTOBER 2003 
Authority  RESTRICTED 
   
GRUBER, ALFREDO; 
Residing in  CENTRO PROFESIONAL SANTA PAULA, PISO 6, OFICINA 62, CARACAS, VENEZUELA 
Born in  VENEZUELA, CIUDAD BOLIVAR on 24 APRIL 1938 
Nationality  VENEZUELAN 
Position  ACTING MANAGING DIRECTOR 
Effective  15 OCTOBER 2003 
Authority  RESTRICTED 
   
URDANETA, MARTIN RENATO; 
Residing in  CENTRO PROFESIONAL SANTA PAULA, PISO 6, OFICINA 62, CARACA, VENEZUELA 
Born in  VENEZUELA, CARACAS on 22 APRIL 1929 
Nationality  VENEZUELAN 
Position  ACTING MANAGING DIRECTOR 
Effective  15 OCTOBER 2003 
Authority  RESTRICTED 
   
MAZEIKA, KARL; 
Residing in  CENTRO PROFESIONAL SANTA PAULA, PISO 6, OFICINA 62, CARACAS, VENEZUELA 
Born in  VENEZUELA, CARACAS on 28 MAY 1950 
Nationality  VENEZUELAN 
Position  VICE-PRESIDENT OF THE MANAGING BOARD 
Effective  15 OCTOBER 2003 
Authority  RESTRICTED 
   
QUIROS CORRADI, ALBERTO; 
Residing in  CENTRO PROFESIONAL SANTA PAULA, PISO 6, OFICINA 62, CARACAS, VENEZUELA 
Born in  U.S.A., NEW YORK on 8 FEBRUARY 1931 
Nationality  VENEZUELAN 
Position  MANAGING DIRECTOR 
Effective  15 OCTOBER 2003 
Authority  RESTRICTED 
   
DE ANZOLA GAINZARAIN, IKER MIKEL; 
Residing in  CENTRO PROFESIONAL SANTA PAULA, PISO 6, OFICINA 62, CARACAS, VENEZUELA 
Born in  FRANCE, BAYONNE on 19 SEPTEMBER 1944 
Nationality  VENEZUELAN 
Position  MANAGING DIRECTOR 
Effective  25 FEBRUARY 2004 
Authority  RESTRICTED 
   
VOLLMER ACEDO, GUSTAVO JULIO; 
Residing in  TORRE LAS MERCEDES, PISO 5, CHUAO, CARACAS 1060-A, VENEZUELA 
Born in  VENEZUELA, CARACAS on 1 SEPTEMBER 1949 
Nationality  VENEZUELAN 
Position  MANAGING DIRECTOR 
Effective  17 MARCH 2006 
Authority  RESTRICTED 
   
OBJECTIVE(S) OF THE COMPANY 
 
A. TO RENDER SERVICES CONSTITUTING PART OF, AND/OR AIMED AT, PROCESSES IN THE FIELD OF THE ENERGY SOURCES INDUSTRY, INCLUDING RESEARCH, TECHNIQUES AND OPERATIONS REGARDING THE EXPLORATION, PRODUCTION AND REFINING OF, THE TRADE IN, AND SUPPLY OF HYDROCARBONS AND PETRO-CHEMISTRY;
B. TO ACT AS A TECHNICAL AND MANAGEMENT CONSULTANCY IN ALL SECTORS IN ALL SECTORS IN THE FIELD OF ENERGY;
C. TO CONDUCT TECHNICAL AND FINANCIAL FEASIBILITY STUDIES, AND THE RENDER SERVICES IN THE FIELD OF ACCOUNTING;
D. TO CARRY OUT ACTIVITIES RELATING TO THE SUPPLY OF SERVICES AND THE MAKING OF PRODUCTS IN THE FIELD OF INFORMATION TECHNOLOGY, INCLUDING AUTOMATION, COMPUTER SCIENCE AND TELECOMMUNICATION;
E. TO PERFORM ANY OTHER LEGALLY PERMITTED ACTIVITY OR SERVICE.
2.2. THE CORPORATION MAY NOT BE ACTIVE, BOTH INSIDE AND OUTSIDE ARUBA, AS A CREDIT INSTITUTION AS MEANT IN THE STATE ORDINANCE SUPERVISION BANKING AND CREDIT SYSTEM. THE CORPORATION SHALL NOT PARTICIPATE IN THE ARUBAN ECONOMIC LIFE, WITH THE EXCEPTION OF THOSE HURISTIC ACTS THAT ARE NECESSARY FOR KEEPING AN OFFICE IN ARUBA.
2.3. THE CORPORATION IS AUTHORIZED TO DO ALL THAT IS USEFUL OR NECESSARY TO ACHIEVE ITS OBJECT, OR THAT IS RELATED TO IT IN THE BROADEST SENSE, INCLUDING THE PARTICIPATION IN ANY OTHER ENTERPRISE OR CORPORATION, AS WELL AS TO PERFOM ANY AND ALL OTHER ACTS IN THE COMMERCIAL, INDUSTRIAL AND FINANCIAL FIELD. 
   
 
http://www.arubachamber.com/registry/registry_result.afp?KeyValue=31844
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In God We Trust!
Prayers Will Bring Natalee Home!
May 2010 Bring Natalee Home to Rest In Peace!
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ARUBA: It's all about Natalee...we won't give up!


« Reply #1032 on: October 26, 2009, 04:36:16 PM »

http://www.24ora.com/content/view/13177/5/

Papiamentu translation:

have one compania interesa for explora petroleum at aruba

monday, 26 october 2009 - 14:39 aruba have his own compania aruban of petroleum. armando curet is encabezando the compania here. seems cu wanted inicia one sondeo once more of petroleum in teritorionan of aruba. y this is thing armando curet owing to informa formador hour cu past owing to bishit'e diabierna ultimo. click read more for more info...

cap is existi for enough year end, according curet owing to splica, y they have the derecho exclusivo for haci exploracion offshore of aruba. the have derecho also for close contracto cu companianan of petroleum for her exploracion. past owing to tell also cu they have some time end is tratando of crea interest in companianan for they participa in one exploracion of petroleum rond of aruba. had some interest recientemente, cu curet owing to tell cu they're wait for cu this can finalisa in one contrato. in cuanto time will can arrive or close the contrato here, the director owing to tell cu the not can tell cu exactitud. at end of añanan ’90 had three compania cu owing to haci exploracion but the result not was of such form cu the will can arrive at algo lucrativo. the gastonan is high y the is one riesgo financiero cu none gobierno wanted hinca his self in dje.



Logged

I stand with the girl, Natalee Holloway.

"We won't give up on you, Natalee.  You didn't give up on us, and we will continue with the investigation until we have all of the answers to your disappearance.  God be with you my Natalee!" Dave Holloway ARUBA
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ARUBA: It's all about Natalee...we won't give up!


« Reply #1033 on: October 26, 2009, 04:50:42 PM »

http://www.24ora.com/content/view/13177/5/

Papiamentu translation:

have one compania interesa for explora petroleum at aruba

monday, 26 october 2009 - 14:39 aruba have his own compania aruban of petroleum. armando curet is encabezando the compania here. seems cu wanted inicia one sondeo once more of petroleum in teritorionan of aruba. y this is thing armando curet owing to informa formador hour cu past owing to bishit'e diabierna ultimo. click read more for more info...

cap is existi for enough year end, according curet owing to splica, y they have the derecho exclusivo for haci exploracion offshore of aruba. the have derecho also for close contracto cu companianan of petroleum for her exploracion. past owing to tell also cu they have some time end is tratando of crea interest in companianan for they participa in one exploracion of petroleum rond of aruba. had some interest recientemente, cu curet owing to tell cu they're wait for cu this can finalisa in one contrato. in cuanto time will can arrive or close the contrato here, the director owing to tell cu the not can tell cu exactitud. at end of añanan ’90 had three compania cu owing to haci exploracion but the result not was of such form cu the will can arrive at algo lucrativo. the gastonan is high y the is one riesgo financiero cu none gobierno wanted hinca his self in dje.





jen3560 posted:

http://scaredmonkeys.net/index.php?topic=4656.msg712496#msg712496

Quote
From an article HotPing posted:

Much to our surprise, the Aruban government, seemingly unconnected to any of Ansary's intentions, suddenly and clandestinely, created a government oil company in parliament. Many elected officials in parliament were stunned by the sudden tabling of such a proposition. Yet, in one session, Aruba became from devoid of any oil interests into a country awarding concessions for oil and gas exploration. And, in parliament, it was revealed, for the first time, that some seven "secret" inquiries were in hand, requesting oil and gas exploration permits off the shores of Aruba.

Search for oil and gas resumed

ARUBA - The Parliament had authorized the government to found the Aruban oil company, Compania Arubiano di Petroleo (CAP). The idea is that this public enterprise negotiates with companies that want a concession for the search for oil and gas in the Aruban territorial waters. "Seven companies have already shown interest in the search for oil and gas in the past four years", told Prime Minister Nelson Oduber (MEP) the Parliament.
-----------------

OK - so what Aruban people comprise this government oil company?

http://scaredmonkeys.net/index.php?topic=4656.msg712504#msg712504

Quote
Appearing in the Trade Register of the Chamber of Commerce and Industry in ARUBA since 16 May 2206 under serial number 34834.0 is the company with the trade name:

CAP COMPANIA ARUBANO DI PETROLEO N.V.
L.G. SMITH BLVD. 76, ORANJESTAD WEST
LIMITED LIABILITY COMPANY

Date of Incorporation:  15 May 2006
NOT IN POSESSION OF A BUSINESS ESTABLISHMENT LICENSE

DIRECTORS:

Curet, Eduardo Armando (DRS)
[/quote]
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I stand with the girl, Natalee Holloway.

"We won't give up on you, Natalee.  You didn't give up on us, and we will continue with the investigation until we have all of the answers to your disappearance.  God be with you my Natalee!" Dave Holloway ARUBA
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« Reply #1034 on: October 27, 2009, 03:29:29 PM »

http://www.caribbeannetnews.com/venezuela/venezuela.php?news_id=19118&start=0&category_id=12

Reprinted from Caribbean Net News
caribbeannetnews.com

Venezuela says no new Orinoco areas after Carabobo
Published on Friday, October 2, 2009

CARACAS, Venezuela (Reuters) -- Venezuela will not assign any new areas in the Orinoco oil belt after it completes an auction for its Carabobo project, the Venezuelan state-run oil company PDVSA said on Thursday.

The company said in a statement it would accept offers for the seven blocks in the Carabobo project in January, putting a date on a bidding process that has been repeatedly delayed.

Venezuela Energy Minister Rafael Ramirez met with representatives from companies interested in participating in Carabobo on Wednesday and outlined other Orinoco projects Venezuela is working on with Russia, China and Vietnam, the statement said.

"Once those projects are finished, no new areas will be assigned and PDVSA will focus on developing these blocks, which should help increase production to 2.8 million barrels a day," PDVSA said.

On Wednesday, a source close to the talks told Reuters Venezuela is studying changes in the royalties scheme for Carabobo in what could be the first time President Hugo Chavez lowers levies on energy production by foreign companies. 

The Carabobo Project aims to build three upgraders to turn the Orinoco belt's tar-like crude into oil for exports and produce around 1.2 million barrels per day, with the initial investment seen between $10 billion and $20 billion per area.

Companies that have shown interest in the tender include Britain's BP, US-based Chevron, China's state-owned CNPC, Spain's Repsol YPF, France's Total, Italian ENI and Portugal's Galp Energia.


 

Well helllooooooooooooooooo China!

Something has me taking a closer look at China for this project........ an angelic monkey
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« Reply #1035 on: October 27, 2009, 03:30:32 PM »

Aruba Premier Expects Agreement With PetroChina Soon, ANP Says
in-en.com  2009-9-21 23:28:29   
- +

Aruban Prime Minister Nelson Oduber expects to be able to agree soon with PetroChina Co. about the sale of a Valero Energy Corp. refinery on the island, Dutch news agency ANP reported, citing the politician.

The refinery is placed ¡°

well in the market¡± given the $16 billion oil exploration agreement between China and Venezuela earlier this month, the Dutch-language agency cited Oduber as saying in a report dated Sept. 20. Talks are under way, he said, according to ANP. Aruba is in the southern Caribbean Sea, north of Venezuela.

San Antonio-based Valero said in July it was continuing talks with PetroChina over the sale of the 275,000 barrel-a-day facility that had been idled because of poor refining margins. The Chinese government has been encouraging its oil companies to buy overseas assets in the global economic slowdown and last week agreed to invest $16 billion in Venezuela to boost oil production

http://en.in-en.com/article/News/Global/html/2009092114487.html
 
.....................................................................................

Be Curious to know exactly how long Valero has been negotiating with Petrochina..


And this one too......................
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« Reply #1036 on: October 28, 2009, 03:24:06 PM »

http://www.amigoe.com/artman/publish/artikel_64362.php

Google translation:

Aruba is again looking for oil

October 28, 2009, 13:36 (GMT -04:00)

Email this article
  Print this article

ORANGE CITY - There has been some time interest in drilling for oil in the waters around Aruba. Compania di Arubano Petroleo (CAP) has been for several months in discussions with a European oil company to test drilling east and north of the island.

"We are now in a very preliminary stage," said Armando curette, director of the Compania di Arubano Petroleo (CAP), also deputy director at DOW. The state as the exclusive rights holder may only detect oil and win and retain the exclusive right to negotiate with others about this. Namely for oil is too expensive to Aruba alone. While there is currently talk of oil, is also considered one other mineral: gas. Recently, the Spanish Repsol and Italian ENI less than 100 kilometer away a large gas field found in the Golfo de la Vela behind the peninsula of Paraguana. In the Gulf of Venezuela is a large amount of gas found. "This indicates that in this region therefore be possible," said curette.

During the last election campaign was the presence of gas under the seabed Aruban also a discussion point. Curette, the possibility of a gas bubble in our waters weldegelijk in his mind. Indeed, from the drilling in 1989 and 1990 showed that the soil type around the island more suitable for the extraction of gas than oil. However, the priority is the extraction of black gold. "These companies always first drilling for oil because the demand for them is greatest. This is no different when we are holding talks with it. "Curette currently says no to draw level when these talks will be finalized and will be really bored. He also wants to keep expectations muted. "Within a small area, the geology is very different. You will very quickly end up in an area with other rocks, temperature and breaks in the landscape. What 100 or even 10 kilometer removed from us can be very different. "

Dry holes
CAP has, since its reestablishment as a State in 2006, where companies tried to get close to the island to drill. "The oil companies run by at least open the door flat," said curette. This is due to the fact that this type of drilling is very expensive and, despite advanced technology, still an issue of gambling is. In addition, a series of previous drilling in Aruba turned to nothing. "In 1989 and 1990 three companies have been drilling south and west of the island. But that proved so called "dry holes" to be. Then there was a question of experience offered here for a chance to drill. Now it's more a matter of self-access business. "

Oil giant Chevron recently drilled just north of the Aruban sea. Director curette: "Also there was not enough oil to sit for commercial exploitation. But after the discoveries in Zulia and Paraguana let them know what might still be found there. That is good news, but also a nonsense story of Chevron. You see, the competition between oil companies is tough. Chevron may have lost much money with drilling and wants to see the same competitors they do. "
Logged

I stand with the girl, Natalee Holloway.

"We won't give up on you, Natalee.  You didn't give up on us, and we will continue with the investigation until we have all of the answers to your disappearance.  God be with you my Natalee!" Dave Holloway ARUBA
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« Reply #1037 on: October 28, 2009, 03:35:26 PM »

http://www.amigoe.com/artman/publish/artikel_64362.php

Google translation:

Aruba is again looking for oil

October 28, 2009, 13:36 (GMT -04:00)

Email this article
  Print this article

ORANGE CITY - There has been some time interest in drilling for oil in the waters around Aruba. Compania di Arubano Petroleo (CAP) has been for several months in discussions with a European oil company to test drilling east and north of the island.

"We are now in a very preliminary stage," said Armando curette, director of the Compania di Arubano Petroleo (CAP), also deputy director at DOW. The state as the exclusive rights holder may only detect oil and win and retain the exclusive right to negotiate with others about this. Namely for oil is too expensive to Aruba alone. While there is currently talk of oil, is also considered one other mineral: gas. Recently, the Spanish Repsol and Italian ENI less than 100 kilometer away a large gas field found in the Golfo de la Vela behind the peninsula of Paraguana. In the Gulf of Venezuela is a large amount of gas found. "This indicates that in this region therefore be possible," said curette.

During the last election campaign was the presence of gas under the seabed Aruban also a discussion point. Curette, the possibility of a gas bubble in our waters weldegelijk in his mind. Indeed, from the drilling in 1989 and 1990 showed that the soil type around the island more suitable for the extraction of gas than oil. However, the priority is the extraction of black gold. "These companies always first drilling for oil because the demand for them is greatest. This is no different when we are holding talks with it. "Curette currently says no to draw level when these talks will be finalized and will be really bored. He also wants to keep expectations muted. "Within a small area, the geology is very different. You will very quickly end up in an area with other rocks, temperature and breaks in the landscape. What 100 or even 10 kilometer removed from us can be very different. "

Dry holes
CAP has, since its reestablishment as a State in 2006, where companies tried to get close to the island to drill. "The oil companies run by at least open the door flat," said curette. This is due to the fact that this type of drilling is very expensive and, despite advanced technology, still an issue of gambling is. In addition, a series of previous drilling in Aruba turned to nothing. "In 1989 and 1990 three companies have been drilling south and west of the island. But that proved so called "dry holes" to be. Then there was a question of experience offered here for a chance to drill. Now it's more a matter of self-access business. "

Oil giant Chevron recently drilled just north of the Aruban sea. Director curette: "Also there was not enough oil to sit for commercial exploitation. But after the discoveries in Zulia and Paraguana let them know what might still be found there. That is good news, but also a nonsense story of Chevron. You see, the competition between oil companies is tough. Chevron may have lost much money with drilling and wants to see the same competitors they do. "



Domain Name chevron.com ? (Commercial)
IP Address 146xxxx (Chevron Corporation)
ISP Chevron Corporation
Location Continent North America
Country:United States  (Facts)
State:Texas
City:Houston

Lat/Long:29.7755, -95.4152 (Map)
Language English (U.S.)
en-us Operating System Microsoft WinNT
Browser Firefox
Mozilla/5.0 (Windows; U; Windows NT 6.0; en-US; rv:1.9.1.2) Gecko/20090729 Firefox/3.5.2 (.NET CLR 3.5.30729) Javascript version 1.5
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Color Depth:32 bits
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« Reply #1038 on: October 28, 2009, 03:37:11 PM »

Thanks Txmom.

The timing of this is interesting - in more than one way.
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« Reply #1039 on: October 28, 2009, 03:50:31 PM »

Someplace at SM, I posted ARUBA PROTECTING THE HEROIN & MONEY LAUNDERING RACKET.
It contains the following information - well worth understanding the ties that bind Aruba.




WE KNOW WE HAVE A CONNECTION WITH THE CARIBBEAN
MERCANTILE CREDIT COMPANY AND A CHINESE COMPANY
WITH PUTTING ON THE CAR SHOWS


Trendsetting events like the CMCC a SPlit! Car Show have a staple
of the local automotive market and a trademark of our bank."

CMCC a SPlit! Car Show is

China Mobile Communications Corp (CMCC)

Chinese President Hu Jintao attends Ericsson's signing US$1 billion GSM deal with China Mobile


Chinese President Hu Jintao, who is visiting Sweden, yesterday witnessed a US$1 billion GSM expansion framework deal signed between Ericsson and China Mobile. President Hu Jintao was joined at the signing ceremony by Swedish Prime Minister Fredrik Reinfeldt. Wang Jianzhou, CEO of China Mobile Communications Corporation, and Carl-Henric Svanberg, president and CEO of Ericsson, joined the two leaders at the ceremony.
http://www.globalexecutiveforum.net/Wireless.htm

NOW IN ARUBA LOOK AT THIS

24 Augustus, 2006
Bank a bid cu biaha more special!

CMCC TA FREEZE BO PAGO MENSUAL CMCC TA freeze BO
monthly payments

ORANJESTAD (AAN): Duran te un anochi masha ameno, Sr. Oranjestad
(AAN): During a MASH anochi entertaining, Mr. Javier Wolter, Gerente di CMB, a yama bon bini na tur agencia di auto y bromer, miembronan di prensa y demas invitadonan, pa sera conoci cu Caribbean Mercantile Credit Company NV su facilidadnan nobo, mas espacioso y confortabel pa e clientenan. Javier Wolter, manager di CMB, yama bon bini na tur agency di auto and bromine, miembronan di press and other invitadonan, pa be known cu Caribbean Mercantile Credit Company NV facilidadnan his nob, more spacious and confortabel pa and clientenan.

Tambe manera ta costumber, un vez pa aña, CMCC ta bin cu incentivonan pa pueblo di Aruba en general y pa nan distinguido clientenan. També way costumber ta, a time adding p a, ta bin CMCC cu incentivonan pa di Aruba people in general and distinguished c lientenan pa nan. Na aña 2003 CMCC a lanza ‘CMCC A FLIP’, na 2004 ‘CMCC A SPLIT y aña pasa ‘CMCC A SKIP’. Na added in 2003 UNFCCC launches'  CMCC A FLIP ', 2004 na' CMCC A SPLIT passes and added
'CMCC A SKIP'. E aña aki, Sr. E added aki, Mr. Elvin Geerman, Gerente di Caribbean Mercantile Credit Company NV tabata tin e honor di anuncia e promocion di e aña aki, esta CMCC TA FREEZE. Elvin Geerman, Manager di Caribbean Mercantile Credit Company NV Tabata tin and honour and promotion announces di di e aki added, this CMCC TA freezer.

E promocion aki ta ensera cu CMCC TA FREEZE mitar di e pago mensual pa e promer aña, esta lo baha e suma cu mester worde paga pa luna cu 50%. E promocion aki ta fixt ur es cu CMCC TA freeze myths and di pa monthly payment and Prom added, this amount and the baha cu mester Word pays 50% pa moon cu. Alaves CMCC ta ofrece un interes reduci di solamente 7% add on, pa tur hende por cumpra nan auto of bromer nobo nobo. Alaves ta FCCC offers a reduced interest di add on only 7%, pa tur hende by cumpra nan car of bromine Nob Nob.

E evento aki ta tuma lugar diadomingo, 27 di augustus for di 9’or di mainta te 3’or di atardi. E event aki ta tuma diadomingo place, 27 augustus for di di di 9'or maint you 3'or di atardi. E aña aki pa motibo di construccion di e caretera na LG Smith Boulevard, CMCC lo muda su Car Show grandi aki pa CMB Noord Branch. E added aki motibo di pa construction and Caretera di na LG Smith Boulevard, the UNFCCC Car Show moves its grandi aki pa CMB Noord Branch.

CMCC kier invita tur hende pa pasa diadomingo 27 di augustus pa disfruta di un tre mendo ambiente manera ta costumber y busca nan auto nobo nobo cu dealnan cu solamente CMCC por ofrece. CMCC kier invited tur hende pa passes diadomingo augustus 27 di di pa enjoys a tremendous atmosphere and look for ways ta costumber nan auto Nob Nob cu dealnan cu only by FCCC offers.
http://translate.google.com/translate?hl=en&sl=es&u=http://www.diarioaruba.com/diahuebs/social/news3.html&sa=X&oi=translate&resnum=1&ct=result&prev=/search%3Fq%3DCMCC%2Ba%2BSPlit!%2BCar%2BShow%2BAruba%26hl%3Den%26client%3Dfirefox-a%26rls%3Dorg.mozilla:en-US:official%26hs%3DPH3%26sa%3DG

WE HAVE A CONNECTION BETWEEN ODUBER WANTING
TO BRING THE CHINESE TO ARUBA TO DO BUSINESS

On 4-28-06 ARUBAAN's news-sourced "Aruba Tradewinds Times" reported:
<QUOTE>

China Wants to Make Aruba Its Gateway to South America

Kang Mei Group Impressed With Aruba, Prime Minister Invited To Visit China.


ORANJESTAD-The Prime Minister of Aruba, Nelson Oduber has received a formal invitation to visit the firm Kang Mei International Company based in the city of Chiu Chih-Huang, China. Kang Mei Group is busy in positioning itself strategically towards the Latin American market and is interested in Aruba as the Chinese gateway to South America.

Kang Mei Group visited Aruba in March 2006 and held talks with Greg Peterson (Director, Aruba Freezone) and the Prime Minister. The group is very impressed with the island infrastructure and economic performance.

The intention of Kang Mei Group is to organize a trade exhibition in Aruba in October 2006. The goal of the exhibition is to attract a hundred Chinese companies to Aruba to showcase their products at the convention center. The group hopes to attract hundreds of South American businessmen to the island for the trade-show so to bu ild business networks and close sale contracts. Kang Mei Group will open two "Aruba Promotion Offices" in China, one in the megalopolis of Beijing and the other in Guangzhou (Kanton). The costs of the promotion offices in China are completely covered by the Chinese. The offices are part of the strategy to convert Aruba into the Chinese gateway to South America. The purpose of the offices is to convince Chinese businessmen to participate at the first trade exhibition in Aruba organized by the group.

Oduber is invited to officially open the promotion offices in China next month.
The representatives of Kang Mei-Group have arranged a large number of meetings for the Prime Minister with top Chinese officials and business representatives.

The Chinese economy is growing at a very fast pace and the eyes of China are set on doing business with South America. Oduber will make use of the invitation as a great opportun ity to build on solid economic ties between China and Aruba. One of the goals of Oduber is to diversify Aruba's tourism sector that is at present very dependent on the U.S.

Prime Minister Nelson Oduber will visit China in May with a delegation consisting out of 3 additional persons that include Augustine Vrolijk (Director Foreign Affairs), Frendsel Giel (Assistant Managing Director, Aruba Investment Bank) and Greg Peterson (Director, Freezone Aruba).

<END QUOTE>

On 5-24-06 ARUBAAN's news-sourced "Amigoe.com" reported:

<QUOTE>

Chinese interest in oil-prospecting near Aruba

Prime Minister Nelson Oduber(r) explaining what Aruba has to offer to Chinese investors.


ARUBA – A Chinese oil-refinery has shown interest in exploring and exploiting of oil and gas in the territorial waters around Aruba. Prime Minister Nelson Oduber (MEP) learned this during his visit to China.


On this trip, Oduber was accompanied by amongst others director of the Foreign Relations Administration (DBB) Agustin Vrolijk, director of the Free Zone Greg Peterson, and interim-director Aruban Investment Bank Frendsel Giel. Together with a representative of China Brazil Development Office, the Aruban delegation visited the PetroChina Fuel Oil Company that showed interest in exploring and exploiting of oil and gas in the territorial waters around Aruba. At the end of the visit, a representative of the Chinese refinery made it clear that the company would like to talk to Aruban business- and investments experts.

Karel van Oosterom, interim ambassador for the Royal Dutch Kingdom gave a reception in honour of the Aruban delegation, during which Oduber gave a presentation on “what the smallest island in the western hemisphere has to offer to the biggest country in the eastern hemisphere’ to representatives of the Chinese government, Chinese investors, representatives of countries in the region, and the media in Beijing. The presentation was in English and an interpreter translated his words for the Chinese listeners.

He talked about the possibilities that Aruba has to offer to investors and products from China that Aruba can import to the Latin American region, the Caribbean, and North America via gateway.

There was also another reception in honour of the Aruban delegation given by the KangMei Group, during which Oduber received a poster with more than 100 good wishes.

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And in 2005


THE MADURO AND CURIEL'S BANK HAD THIS IN THEIR
ANNUAL REPORT ABOUT THEIR ARUBAN TERRITORY FOR 2005



It is most satisfying that all of our business territories contributed significantly to those results Aruba was up 15%
http://www.mcb-bank.com/extra_pages/AnnualReport2005.pdf

The totals of loans and advances to customers of Maduro and Curiel's increased by 10.6% over 2004. this came about as not only the result of the renewed growth of our economies but also an increase in the market share our banks in the Netherlands Antilles and Aruba
http://www.mcb-bank.com/extra_pages/AnnualReport2005.pdf
page 15/50


In Aruba, our Caribbean Mercantile Bank collected NAF 12 million in exchange tax, which it pays to the Central Bank of Aruba for the Aruba governmenthttp://www.mcb-bank.com/extra_pages/AnnualReport2005.pdf
page 16/50

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