New oil refinery to lower government’s bill with SRD 300 million

staatsolie

SURINAME – The government will spend less money next year thanks to the upgraded oil refinery of the State Oil Company Suriname (Staatsolie). The Central Bank of Suriname (CBvS) has calculated that starting in 2015 the balance of payments will improve with 2 % of the Gross National Product. This means that the government will get to save more than $ 300 million every year…[+]