Dominican Republic offers Gazprom joint power, offshore exploration projects
Moscow (Platts)--14Feb2012/352 am EST/852 GMT
<content style="padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; "></content>State officials of the Dominican Republic have offered Russia's Gazprom International, the foreign arm of Gazprom, an opportunity to engage in offshore exploration and development of the country's electric power segment, Gazprom International said in a statement Tuesday.
At a meeting with Gazprom International representatives, members of the country's parliament expressed hope that the Russian company will consider cooperation in the power energy segment and exploration offshore the Hispaniola island, where the republic is located, the statement said.
"We would like to see your company in the Dominican Republic. We are ready to do everything to guarantee your stable work here and secure your investments," president of the country's National Energy Commission, Enrique Ramirez, said at a separate meeting with Gazprom International, as quoted in the statement.
Representatives of Gazprom International also visited power stations in Santo Domingo, Puerto Plate and Punta Cana and discussed opportunities for their upgrading, the statement said.
Currently, the Dominican Republic does not produce hydrocarbons. The Caribbean country relies heavily on oil products such as high sulfur diesel and residual fuels mostly imported from Latin American countries to generate electric power energy.
The republic's key power companies, Empresa Generadora de Electricidad Haina and Compania de Electricidad de San Pedro de Macoris, have a combined installed capacity of 880 MW.
--Dina Khrennikova, dina_khrennikova@platts.com
Told you here long ago about this coming hand in hand with the military package soon to follow...
Let's see what Uncle Sam will say to this...
Moscow (Platts)--14Feb2012/352 am EST/852 GMT
<content style="padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; "></content>State officials of the Dominican Republic have offered Russia's Gazprom International, the foreign arm of Gazprom, an opportunity to engage in offshore exploration and development of the country's electric power segment, Gazprom International said in a statement Tuesday.
At a meeting with Gazprom International representatives, members of the country's parliament expressed hope that the Russian company will consider cooperation in the power energy segment and exploration offshore the Hispaniola island, where the republic is located, the statement said.
"We would like to see your company in the Dominican Republic. We are ready to do everything to guarantee your stable work here and secure your investments," president of the country's National Energy Commission, Enrique Ramirez, said at a separate meeting with Gazprom International, as quoted in the statement.
Representatives of Gazprom International also visited power stations in Santo Domingo, Puerto Plate and Punta Cana and discussed opportunities for their upgrading, the statement said.
Currently, the Dominican Republic does not produce hydrocarbons. The Caribbean country relies heavily on oil products such as high sulfur diesel and residual fuels mostly imported from Latin American countries to generate electric power energy.
The republic's key power companies, Empresa Generadora de Electricidad Haina and Compania de Electricidad de San Pedro de Macoris, have a combined installed capacity of 880 MW.
--Dina Khrennikova, dina_khrennikova@platts.com
Told you here long ago about this coming hand in hand with the military package soon to follow...
Let's see what Uncle Sam will say to this...