Oil Refinery and Renewable Energy
The Isla Refinery was opened by Shell during World War I. PDVSA has been in charged of operations since 1985, however this lease contract expired in 2019. Dialogues are being held with potential Investors regarding the future of the refinery. The Government is evaluating scenarios such as upgrading, building a new refinery and closing (and redeveloping the land). The refinery contributes to the direct employment of approximately 1500 persons including contractors.