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Home Business

Request Open for Lease of 17 Crude Oil Tanks in Aruba

April 9, 2026
in Business
Aruba crude oil storage lease

Aruba crude oil storage lease

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In a new development in Aruba’s energy sector, authorities have announced an international Request for Proposal (RFP) to find companies interested in leasing 17 crude oil storage tanks on the island. The offer comes as part of a strategic shift in how Aruba manages its energy infrastructure following the discontinued refinery operations at San Nicolas.

The state-owned Refineria di Aruba (RdA) officially opened the international lease bidding process for storage tanks, including strategic facilities in locations such as Mondi Lora and Zeewijk. This decision aligns with growing regional demand for crude oil storage capacity, especially for heavy crude oil from Venezuela.

Under the RFP process (identified as RFP‑RDA‑2026‑001), potential investors are offered two different lease options:

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  1. Option 1: Lease the existing 17 tanks and the two deep‑water docking berths (referred to as TT‑Asset‑1).
  2. Option 2: Lease the current terminal plus additional land of about 118,978 m² for future development and expansion (TT‑Asset‑2).

The total tank capacity represents a significant storage volume, which RdA believes can attract international oil companies and traders seeking secure space for crude and petroleum products. The facility also includes two deep‑water docks (RB‑1 and RB‑2) able to handle large crude carriers.

RdA officials stated that these lease activities could contribute meaningfully to Aruba’s economy and labor market. Interested companies must comply with local regulations and international trade and environmental standards, including best practices for environmental, health, and safety.

To participate, companies must register their interest by email to the designated notary and submit proof of registration payment. Detailed technical and proposal documents will be provided once registration is complete. The deadline for registration is 19 May 2026 at 5:00 p.m. Aruba time.

This initiative is part of RdA’s broader strategy to revitalize Aruba’s energy sector and fully utilize existing infrastructure, despite the closure of the refinery operations, which have been undergoing transformation and lease offers over the past years.

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