DR1 Daily News - Dominican Republic

With a barrel of oil bouncing around the US$100 mark on the world markets, Minister of Energy and Mines Joel Santos, convened the nation’s electricity providers, both public and private, to discuss the situation and suggest safeguards.

While the Dominican Refinery (Refidom) has issued statements saying that they have at least a month’s worth of fuels fir the local market and secure consignments of oil from California, Santos said that he wanted to hear what the generating sector had to say.

The electricity producers commented on their fuel reserves, saying that they had guaranteed supplies of both petroleum, coal and natural gas that would cover their needs for the rest of the year. Both the minister and the energy sector said that they would continue to monitor the situation in the Middle East in order to preserve stability in the national energy...