Dominican Republic to export natural gas to the Caribbean
Houston.- Dominican Republic will become a natural gas distribution and re-export center to the Caribbean region this year, Caribbean Trade Consortium and Commonwealth Roundtable president Fernando Gonzalez Nicolas affirmed Saturday.
As guest speaker in the “Conference on Gas Transport and Marketing in the Americas” held in Houston and hosted by the British organization Informa, Gonzalez said the center will have a positive impact on the Dominican economy with “many collateral benefits to our country.”
“As natural gas and propane gas increase their presence in power generation throughout the Caribbean region, Dominicans will be the first after Trinidad in supplying natural gas to the region, through the re-export of natural gas,” the business leader said.
He said given tourism’s vital importance to the Caribbean, the use of clean fuels such as propane and natural gas will spread, “because they don’t harm the environment.”
In a statement, Gonzalez also noted that since the power companies consume the most fuel, the region’s trend is toward fewer fossil fuels and more natural gas and propane.
He acknowledged however that the Caribbean countries face key technical and financial challenges to convert to natural gas.
Niebert Blair, of Caricom, and Andrew Clifton, Executive Director of the International Society of Tanker Ships and Terminal Operators including the US, Europe and Asia also participated in the English-Caribbean conference.
Feb 29, 2016
Category: DR News |