Hovensa Sues VI Governmemt

ABR could have operated a terminal only, and in order to operate a terminal they were obligated to remove the refining units. That would have been good for both parties. Now there is nothing.

And yes, Hovensa can collect. Judgement against a government is common.
It may be balanced against the money that Hovensa is obligated to pay (PILOT or property taxes and submerged land lease) and the government will still end up with a net loss and not own the property.

But, at least it's shiny.

I thought it looked rather rusty. _

actually I am kinda happy the parent company sued us. It means that we can sue the parent company.

It means that they Hovensa and the parent company are still responsible for $750 million in clean up fees which is an industry unto itself without a refinery opening.

And for those who have been asleep for 8 years while deJongh has been accepting the higher bidder on road projects and what my reference meant, here is the link;
http://www.federalnewsradio.com/?nid=31&sid=2839135

I do not want an untrustworthy or incompetent governor who initially lied about his home improvement funding source, making deals for me. Period. All his deals including ABR, are suspect.

We are in a horrible situation in the Virgin Islands. A situation that will worsen as Cuba opens up. On this we agree. But we can do badly on our own.

It means that they Hovensa and the parent company are still responsible for $750 million in clean up fees which is an industry unto itself without a refinery opening.

MJ, the $750 million in cleanup fees that you refer to is not accurate. That cost figure was what Hovensa estimated that the cost would be to bring the FCC and other units into compliance with an EPA clean air mandate. Since the units are shut down and not emitting any pollutants, the EPA requirement and the ensuing estimated costs is no longer relevant.

This was well known by all parties and the public.

It means that they Hovensa and the parent company are still responsible for $750 million in clean up fees which is an industry unto itself without a refinery opening.

MJ, the $750 million in cleanup fees that you refer to is not accurate. That cost figure was what Hovensa estimated that the cost would be to bring the FCC and other units into compliance with an EPA clean air mandate. Since the units are shut down and not emitting any pollutants, the EPA requirement and the ensuing estimated costs is no longer relevant.

This was well known by all parties and the public.

You are wasting your time explaining about the 750 million. I've done it until I'm blue in the face. No one want to read the consent decree. They prefer their own facts.

Mapp seems like a fairly smart guy...I bet he cuts a deal with Hess.

The governor can't do it alone, and as long as people believe their own "facts", it will be hard to convince them on the merits of almost any deal.

It means that they Hovensa and the parent company are still responsible for $750 million in clean up fees which is an industry unto itself without a refinery opening.

MJ, the $750 million in cleanup fees that you refer to is not accurate. That cost figure was what Hovensa estimated that the cost would be to bring the FCC and other units into compliance with an EPA clean air mandate. Since the units are shut down and not emitting any pollutants, the EPA requirement and the ensuing estimated costs is no longer relevant.

This was well known by all parties and the public.

ABR would have to spend the similar money to bring the plant into compliance? Money they didn't have? It is difficult to understand nonsense.

Someone asked for proof that Hovensa owes us. Ask the federal tax bureau who sent their agents to review. Better yet ask deJongh to see the Grant Thornton report that shows that they actually owe us.

ABR would have to spend the similar money to bring the plant into compliance?

ABR was not planning to restart the FCC unit. That is also public knowledge. No operating FCC unit means no need to spend money to retrofit and meet EPA requirements.

ABR would have to spend the similar money to bring the plant into compliance?

ABR was not planning to restart the FCC unit. That is also public knowledge. No operating FCC unit means no need to spend money to retrofit and meet EPA requirements.

What are you thinking mate? Trying to use FACTS amongst this crowd is like pissing in the ocean. It may feel good but it doesn't make any difference whatsoever. Let them continue to harp on with unsubstantiated rhetoric until the cows come home. It's much more entertaining. 😎

ABR would have to spend the similar money to bring the plant into compliance?

ABR was not planning to restart the FCC unit. That is also public knowledge. No operating FCC unit means no need to spend money to retrofit and meet EPA requirements.

I think if I pop over to STX I'll immediately recognize you by the large dent in your head resulting from it banging so consistently against a cinderblock wall - and MissJustice from the large sandwich board she wears (with matching tee shirt) depicting a photo of the former Governor photoshopped to show him with large satanic horns.

I think if I pop over to STX I'll immediately recognize MissJustice from the large sandwich board she wears (with matching tee shirt) depicting a photo of the former Governor photoshopped to show him with large satanic horns.

LOL.....now that there is funny :@)

CruzanIron, are you working now?

Yes, for a few more weeks.

ABR would have to spend the similar money to bring the plant into compliance?

ABR was not planning to restart the FCC unit. That is also public knowledge. No operating FCC unit means no need to spend money to retrofit and meet EPA requirements.

The operative word is similar. Not same. We can agree that some amount of money was needed to both clean up and restart the plant. So whether it is $150 million for the most minimal operations as quoted it doesn't matter. ABR had none.

I think if I pop over to STX I'll immediately recognize MissJustice from the large sandwich board she wears (with matching tee shirt) depicting a photo of the former Governor photoshopped to show him with large satanic horns.

LOL.....now that there is funny :@)

Yes. Ha ha
And I will recognize you guys with the sandwich poster with photo of dejongh photoshopped in a halo with Reagan in the background.
The dent in Cruzsn iron's head if there is one is probably from his mother dropping him as a baby which is why he thinks a broke company with no experience in an era when refineries are closing could possibly be a good deal. Sunny Caribe is kinda close to being right.
Meanwhile thank you for passively not refuting the Grant Thornton tax report or deNongh's overbidding on projects to the benefit his friends' companies.

MJ, you've reached a new low when you disparage my mother.
You've made many incorrect assumptions and posted straight out lies in your posts.
It's not surprising that many here refuse to debate with you.
Just because someone chooses not to debate a point that you make does not make you right and does not imply acceptance of your position.

And that's all that I can say about that.

Amen brother. (in a non-secular agnostic sense). 😎

Nellie O'Reilly want to seize the refinery for non-payment of taxes.

Are we becoming a socialist state like Venezula now?

https://www.facebook.com/viconsortiumuncensored

I wonder how many millions it will cost to do that? And how many years?

But if she had voted for ABR, and it failed, then the GVI would own the entire facility without any legal battle. It was right there in the agreement.

Vicanuck, I get an error for that link. Geez, I don't think Hovensa has ever been accused of not paying taxes. Political grandstanding and she needs to be outted.

It just fries me that most people here in so called leadership positions think we automatically assume they know what they're talking about. I feel insulted almost every time their lips move.

(tu)

I wonder how many millions it will cost to do that? And how many years?

But if she had voted for ABR, and it failed, then the GVI would own the entire facility without any legal battle. It was right there in the agreement.

The link was to The Virgin Islands Consortium Banned Users Page on Facebook. You'd need to be a Facebook user to see it...I think.

I have a Facebook account, but I'm not a user. I can access some Facebook pages, but not sure about all.

I read the article somewhere, though. Thanks.