OREANDA-NEWS. May 12, 2011. Valero Energy (NYSE:VLO) has confirmed reports that it is in talks to sell a refinery in Aruba. According to Aruba’s Prime Minister, the potential buyer is PetroChina (NYSE:PTR).

The refinery in question produces 235,000 barrels of crude oil per day, and accounts for a third of Aruba’s gross domestic product.

Valero has been looking to sell it for more than a year, and shut down production at the facility in July. A selling price has not been disclosed.